TDS TDS (1 Points)
08 July 2025From 14 july
ADT filling for 1st auditor of company appointment by bod within 30 days of incorporation is now mandatory.
Till date some professionals were filling and some were not filling.
Now
Question is that if company incorporated in Jan to may
Which have not filled ADT mentioned above
Now they have filled from July in V3?
If yes. Then late fees will apply?
And is there any wayout for compliance without late fees
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8545 Points)
Replied 09 July 2025
Yes. Companies can fill ADT from July in V3, but late fees will apply.
The late fees for ADT filing are as follows:
For companies with a paid - up capital of up to Rs.5 lakhs: Rs.1,000 per day.
For companies with a paid - up apital of more than Rs.5 lakhs but upto Rs.50 lakhs: Rs.2,000/- per day.
For companies with a paid-up capital of more than Rs.50 lakhs but upto Rs.1 crore: Rs.5,000 per day.
For companies with a paid - up capital of more than Rs.1 crore: Rs.10,000 per day.
Companies can avoid late fees by filing ADT within the required timeframe or by applying for an extention of time to file ADT.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CAclubindia
