Non- Filing of INC20A

Abhay salunkhe (95 Points)

17 August 2023  

My Sec 8 company incorporated on May 2022, i started getting donations in the bank from may onwards. But in the process i forgot to file the Form INC 20A. Now when i search on google for penalties it is showing around 50000 and 1000 per day to all directors. Is there any way i can avoid that.