Penalty on late filling of form 23b
This query is : Resolved
12 October 2013
A PVT LTD COMPANY NOT FILLING FORM NO. 23B for f.y 2011-12 & 12-13 if any penalty attract in which section please describe
12 October 2013
It is not the company responsibility it is the Responsibility of auditor to file Form 23B
.
.
HOwever Company should intimate to auditor about his appointment in AGM with in 7 days
.
.
HOwever Company should intimate to auditor about his appointment in AGM with in 7 days
12 October 2013
No specific penalty provisions are in Companies Act,1956 for belated / non filing of form 23B.
12 October 2013
Agree with Experts.
12 October 2013
Hi
This is an intimation by auditor to ROC about his appointment in Form-23B. From the FY 2011-12 it has made mandatory to file with fee as per Schedule X of the Companies Act, 1956.
So if the auditor fail to file Form-23B in time, then they will pay additional fee as prescribed by MCA, at the time of filing of such form.
The only Penalty is in the form of additional payment.
This is an intimation by auditor to ROC about his appointment in Form-23B. From the FY 2011-12 it has made mandatory to file with fee as per Schedule X of the Companies Act, 1956.
So if the auditor fail to file Form-23B in time, then they will pay additional fee as prescribed by MCA, at the time of filing of such form.
The only Penalty is in the form of additional payment.
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Rental income gst and it purpose
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Experts need help
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EPF FULL & FINAL RULES IN 2026
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
