ROC ANNUAL RETURNS (For Pvt Ltd and LLPs)
LIST OF DOCUMENTS REQUIRED FOR FILING
FREQUENTLY ASKED QUESTIONS
What are the annual returns to be filed by Private Limited Company
- All those goods supplying business ventures who have an annual turnover that exceeds ₹ 40 lakh in a financial year need to register themselves as a normal taxable entity. Kindly note that this threshold is ₹20 lakh for Jammu and Kashmir, Himachal Pradesh, Uttarakhand and North eastern states of India.
- All those service providers whose annual turnover exceeds ₹20 lakh in a financial year are required to register for the GST as a normal taxable entity. For the special category states i.e. Jammu and Kashmir, Himachal Pradesh, Uttarakhand and North eastern states, the annual turnover limit is ₹10 lakh.
What are the due dates for filing Private Limited Company Annual Returns?
Every year, Private Limited Company has to file AOC-4 within 30 days of the AGM. Moreover MGT 7 has to be filed within 60 days of the AGM. Delay in the forms will cause a late fee of Rs 100 per day
What are the due dates for LLP Returns?
The due date for Form 11 of LLP is 31st May every year. The other Form 8 has to be filed before 30th October every year. Delay in these forms will again lead to a late fee of Rs 100 per day.
Do I have to file annual returns for 3 months if I have incorporated a company in January month?
No. As per companies act, you can file Annual Returns for consolidated 15 months in your first year. If you have incorporated company in Jan'20, you can file your annual returns for 15 months till Mar'21 together. It means the annual returns due date will be around Oct'21.
What is form ADT1?
ADT 1 is the form for auditor appointment in the private limited company. The first auditor has to be appointed within 30 days of the incorporation. And the subsequent auditors have to be filed within 15 days of the AGM.
What are the consequences of non filing of Annual Returns
If a company doesn't file is Annual Returns for 3 consecutive years, the company will be strike off by the ROC from its registers. The default will also lead to disqualification of Directors for 5 continuous years.
What are the due dates for OPC Returns?
One Person Company also has to file the annual returns (AOC -4 and MGT-7) every year. The due date for the form is 180 days from the end of the financial year. So, the eventual dates for AOC 4 is 30th September and for MGT 7 is 30 October.