Form 23b
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 November 2013
What are the consequences of not filing form 23B and late filing of form 23B. Please provide me penal provisions if any
CA.Krupa Mochi
(Expert)
06 November 2013
Filing of 23B is responsibility of Auditor and not Company. As such there is no penalty provision in Company Act, 1956 for late filing/non-filing of 23B.
So if auditor fails to file then he will have to pay additional fees as prescribed by MCA at the time of filing 23B.
So if auditor fails to file then he will have to pay additional fees as prescribed by MCA at the time of filing 23B.
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