Share Capital
This query is : Resolved
16 November 2010
Sir,
One company incorporated on 2007. They didn't file any forms with mca except incorporation documents. They filed promptly all the serivce tax and income tax and sales tax returns up to date.
Now the problem is, at their MOA and AOA they subscribe only for 1500 shares of 100 each. But their statemets filed with the income tax showed the Share capital as 9,50,000 (i.e. 9500 shares of 100 each). If we file Form 2 from the earlier date, heavy additional fee should be paid. Is there any possibility to avoid the heavy penalty?
One company incorporated on 2007. They didn't file any forms with mca except incorporation documents. They filed promptly all the serivce tax and income tax and sales tax returns up to date.
Now the problem is, at their MOA and AOA they subscribe only for 1500 shares of 100 each. But their statemets filed with the income tax showed the Share capital as 9,50,000 (i.e. 9500 shares of 100 each). If we file Form 2 from the earlier date, heavy additional fee should be paid. Is there any possibility to avoid the heavy penalty?
17 November 2010
Hi,
i think there is no option except filing ROC forms even with additional charges. further it will be batter to file the forms before 5h of December since the additional charges are going to be revised and will be increased.
thanks
i think there is no option except filing ROC forms even with additional charges. further it will be batter to file the forms before 5h of December since the additional charges are going to be revised and will be increased.
thanks
17 November 2010
Agree with expert...
would advise you to file the desired form 2 as early as possible with late fee.
Regards
would advise you to file the desired form 2 as early as possible with late fee.
Regards
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