MCA Relaxation for Filling E-Forms for FY 2020-21

MCA Extension

MCA has further provided relaxation of levy of additional fees for the third time for filing of e-forms AOC-4, 4(CFS), 4(XBRL), 4(Non-XBRL) up to 15/03/2022, and for filing of e-forms MGT-7/ 7A up to 31/03/2022, without payment of any additional fee for the financial year 2020-21, however, the normal fee shall be payable as applicable.

Generally, the Companies are required to file their annual financial statements as mentioned above and annual return (e-forms MGT-7/ 7A) with the ROC within 30/ 60 days from the date of AGM, as per Companies Act, 2013. Keeping in view the extension of timelines for audit/ tax audit and finalization of accounts under the Income Tax Act, 1961, this extension was very much required to synchronize with the inter-connected chain of events.

Accordingly, the ROC annual return due date for FY 2020-21 stands extended for companies, without payment of additional fee, as under:

  1. i) AOC-4, AOC-4 CFS, AOC-4 XBRL, AOC-4 Non-XBRL – 15/03/2022
  2. ii) MGT-7 and MGT-7A – 31/03/2022

MCA General Circular 01/2022 dt. 14/02/2022:

MCA further Extends for the third time the Due Dates for e-forms AOC-4/ 4(CFS)/ 4(XBRL), 4(Non-XBRL), MGT-7/ 7A

Relaxation on levy of additional fees in the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL, and MGT-7/ MGT-7A for the financial year ended on 31/03/2021 under the Companies Act, 2013

In continuation to Ministry’s General Circular No. 22/2021 dated 29.12.2021, keeping in view various requests received from stakeholders regarding relaxation of levy of additional fees for annual financial statement/return filings required to be done for the financial year ended on 31.03.2021, it has been further decided that no additional fees shall be levied up to 15.03.2022 for the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and up to 31.03.2022 for filing of e-forms MGT-7/MGT-7A in respect of the financial year ended on 31.03.2021 respectively. During the said period, only normal fees shall be payable for the filing of the aforementioned e-forms.

However, point to be noted that the Ministry of Corporate Affairs (ROC) only give relaxation and no extension (relaxation on levy of additional fees in filing e-forms) therefore, the due date of AGM is only up to 30/11/2021 and further, no extension is granted for Annual General Meeting (AGM)