Can an OPC which has not filed annual returns since 2years(since incorporation) can now go for compounding of offences?
Replies (2)
Quick Summary
This discussion explores whether a One Person Company (OPC) that hasn't filed annual returns for two years can compound its offences. It also highlights the recent Corporate Affairs (CFSS) scheme, which allows OPCs to file pending returns without the need for compounding and without incurring additional fees.