venkata krishna reddy (chartered accountant) 05 February 2016
one of my client, 3years back(in 2012) Register one Private limited Company & he didnot Proceed any transactions and also not Filing any returns ( ROC filing, I.T.Retursn) till date. Now he want to file company returns(ROC & I.T.).
if we file Returns, what is the penanlty will be payable?
company Registered in Andhra Pradesh(visakhapatnam)
CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more. know more
Amit Gupta (CA Business) 23 February 2016
The company's annual return is to be filled with registrar of companies within 60 days from the date of annual general meeting.
Calculate normal fee applicable to you based on your authorized capital
Normal share capital of the company Normal charge
Less than INR one lakh INR 200
INR 1 lakh to INR 499999 INR 300
INR 500000 to INR 2499999 INR 400
INR 2500000 to INR 9999999 INR 500
INR One crore or more INR 600
Now discussing about the additional fees, the penalty fee to be paid for filing of company's annual return and gets calculated based on the days of delay and normal fee applicable.
Delay up to 30 days 2 times of normal fee
More than the 30 days and up to 60 days 4 times of normal fee
More than the 60 days and up to 90 days 6 times of normal fee
More than the 90 days and up to 180 days 10 times of normal fee
More than the 180 days 12 times of normal fee
So in your case: The more than 180 days period of delay then you sould pay 12 times of normal fee.
you can company's annual return file via software. There are so many ROC filing software available in the market. But i would like to give a best suggestion that is Gen Comp Law Software for company's annual return file. This software gives a facility of ROC e-Forms, XBRL, Resolutions, Minutes, Registers and various MIS reports.