Direct Tax

Extension of Return Filling Date By MCA from 30th Sep’2015 to 31st Oct’15

MCA vide General Circular No. 10/2015 has stated that e-forms AOC-4, AOC-4-XBRL (Format of filing Financial Statements) and MGT-7 (Form of Annual return) are being developed and shall be made available latest by 30th Sep 2015. Separate e-form AOC-4-CFS for filing Consolidated Financial Statement (CFS) shall be made available latest by October 2015.

In view of the above, MCA has decided to relax additional fee payable on e-forms AOC-4, AOC-4-XBRL and MGT-7 upto 31st Oct 2015. Similar relaxation will also be available for filing CFS upto 30th Nov 2015.

This is a welcome move whereby corporates will not be burdened with additional fees for delayed release of e-forms by MCA.

For details please refer to the Circular which is attached in the following link

General_Circular_10-2015

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