CAIRR Update January 13, 2022

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CAIRR Update January 13, 2022

January 13, 2022

Summary of the notifications issued by MCA on 11/01/2022
Higher Additional Fees in case of delayed filing of certain forms from 1st July, 2022
MCA has notified the amount of additional fees,  which is upto 6 times higher over the standard additional fees and which shall be payable if there is a delay in filing of e-form INC-22 or PAS-3, as the case may be, on two or more occasions, within a period of 365 days from the date of filing of the last such belated return. INC-22/PAS-3 filed prior to the effective date of 01/07/2022 shall not be reckoned for the purposes of determining higher additional fee. Further, wherever higher additional fee is levied, the standard additional fees shall not be charged.
Commencement of provisions relating to additional fees payable for delayed filing under Companies Act, 2013 from 1st July, 2022

MCA has notified the commencement of provisions amending Section 403 of the Companies Act, 2013 dealing with the applicability of fees payable and manner of levy of such fees in case of delayed filing, which were notified by the Companies Amendment Act, 2017 and the Companies Amendment Act, 2020.

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By | 2022-01-13T11:36:58+00:00 January 13th, 2022||0 Comments

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