MCA relaxes additional fees in filing of Annual Financial Statement under the Companies Act, 20l3

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Extension of last date to file e-forms AOC-4, AOC-4 CFS, AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/7A for the FY 2020-21 to 31.12.2021
On October 29, 2021, the Ministry of Corporate Affairs (MCA) has announced the relaxation in levy of additional fees in filing of e-forms AOC-4, AOC-4 (CFS), AOC-4, AOC-4 XBRL AOC-4 Non-XBRL and MGT-7 / MGT-7A for the financial year ended on March 31, 2021 under the Companies Act, 2013.
 
It has been decided no additional fees shall be levied upto 31st December 2021 for the filing of e-forms  in respect of the financial year ended on 31.03.2021.

 

During the said period, only normal fees shall be payable for the filing of the aforementioned e-forms.

Keeping in view of various requests received from stakeholders regarding relaxation on levy of additional fees for annual financial statement filings required to be done for the financial year ended on 31.03.2021, it has been decided that no additional fees shall be levied upto 31.12.2021 for the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/MGT-7A in respect of the financial year ended on 31.03.2021. During the said period, only normal fees shall be payable for the filing of the aforementioned e-forms.

Further to the extension of time for holding of Annual General Meeting (AGM) for the financial year ended on 31/03/2021, granted by MCA on 23 rd September, 2021 by two months, this relaxation is now announced by MCA to facilitate the filing of Annual Financial Statements by the stake holders.

Source: General Circular No 17_29102021