Govt. proposes to Levy Additional Fee for Delay in Filing Annual Return under Companies Act, 2013

Annual Return - Taxscan

The Ministry of Corporate Affairs ( MCA ) has proposed to levy Additional Fee for the delay in filing Annual Return under the Companies Act, 2013.

The Government has proposed to amend shortly, the Companies (Registration Offices and Fees) Rules 2014 to levy additional fee @Rs.100 per day for filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013.

Once notified, the additional fee @Rs.100 per day (beyond the normal date of filing) shall become payable in respect of 23AC,23ACA,23AC XBRL,23ACA XBRL, MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS.

The Central Government has advised to Stakeholders to take note and plan accordingly.

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