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MCA: 2022 | October 31, 2022 Shri Manoj Govil, IAS Secretary Ministry of Corporate Affairs Government of India Shastri Bhawan New Delhi - 110 001 Subject: Request for extension of time period for filing of financial statements for the financial year ended 31.03.2022 without levying additional fee - Reg. Sir, This has reference to the ICSI representations dated October 11, 2022 and October 21, 2022(copy enclosed) made pertaining to extension in the timelines provided under sec
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FAQ :
ICSI is requesting an extension of time for filing financial statements for the financial year ended 31st March 2022, until 31st December 2022, without any additional fees.
The request is due to technical difficulties with the MCA portal, the mandatory rounding off of figures in financial statements, and the overlap of the filing deadline with major festivals.
Professionals have faced problems with portal login ('gateway time out'), uploading forms, payment gateway issues, system overload messages, and registering Digital Signatures (DSC).
The MCA notification mandating round-off of figures in financial statements, while requiring absolute figures in Form AOC-4, is causing extra time for preparation and filing, including XBRL filings.
Yes, the Central Board of Direct Taxes (CBDT) granted a 7-day extension for filing audit reports for Assessment Year 2022-23, acknowledging difficulties faced by taxpayers.
ICSI made previous representations on October 11, 2022, and October 21, 2022.
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