Annual accounts
This query is : Resolved
10 October 2012
one of our clients Annual Accounts are not ready and we want to do the annual filing ,i have already preapred the statement of reasons for not preapring the accounts...my query is can i enter the amt. as 0 in23ACA, 23AC, 20B, 66...and wil it be approved as Annual Filing Forms are under STP Routes,,, Will it Cause any problem in future?????.
PLEASE REPLY ASAP
THANKS IN ADVANCE
PLEASE REPLY ASAP
THANKS IN ADVANCE
10 October 2012
Hi
If the annual general meeting of a company before which a balance sheet is laid as aforesaid does not adopt the balance sheet, or is adjourned without adopting the balance sheet or, if the annual general meeting of a company for any year has not been held, a statement of that fact and of the reasons therefore shall be annexed to the balance sheet and profit and loss account required to be filed with the Registrar electronically in e-Form 23AC and 3-Form 23ACA— Section 220(2).
If the annual general meeting of a company before which a balance sheet is laid as aforesaid does not adopt the balance sheet, or is adjourned without adopting the balance sheet or, if the annual general meeting of a company for any year has not been held, a statement of that fact and of the reasons therefore shall be annexed to the balance sheet and profit and loss account required to be filed with the Registrar electronically in e-Form 23AC and 3-Form 23ACA— Section 220(2).
10 October 2012
If the Balance sheet is not laid before the annual general meeting but filed with the Registrar, it will not be taken on record:
It has been clarified by the Department that the balance sheets and profit and loss accounts which are not laid before an Annual General Meeting of the company but submitted to Registrar of Companies, for
filing under section 220 of the Act would not be taken on record. The question of launching prosecution in such cases would be considered. [Vide Circular No. 4/74, dated 22-2-1974]
If the Balance sheet is not laid before the annual general meeting but filed with the Registrar, it will not be taken on record:
It has been clarified by the Department that the balance sheets and profit and loss accounts which are not laid before an Annual General Meeting of the company but submitted to Registrar of Companies, for
filing under section 220 of the Act would not be taken on record. The question of launching prosecution in such cases would be considered. [Vide Circular No. 4/74, dated 22-2-1974]
10 October 2012
Thank you sir, Can u mail me This Circular On my id:vickky9384@yahoo.co.in
As i can not find this circular on mca portal bcz the circular starts fron the year 1984...waiting for u r mail....THANKS IN ADVANCE EXPERT
As i can not find this circular on mca portal bcz the circular starts fron the year 1984...waiting for u r mail....THANKS IN ADVANCE EXPERT
10 October 2012
Hi
This circular is not available in Internet, so i will arrange a scan copy for you.
This circular is not available in Internet, so i will arrange a scan copy for you.
10 October 2012
it would be great help to me... thank you very much sir once again...Waiting for u r scanned copy mail sir....
10 October 2012
Hi
I think, you got the same.
I think, you got the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR returnFY25-26
- BIS Certificates
- Itr 1 processing
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
