FAQs on Annual E-Filing For Companies (Peak Filing)
- What is Annual Filing?
As a part of Annual Filing, Companies joined under the Companies Act 1956 or Companies Act 2013, are needed to record the accompanying eForms with the Registrar of Companies (ROC):
✔ Form 23AC: For recording Balance Sheet (relevant to all Companies other than the select class of Companies)
✔ Form 23ACA: For recording Profit and Loss Account (relevant to all Companies other than the select class of Companies)
✔ Form 23AC-XBRL: For recording Balance Sheet in XBRL design (material to choose the class of Companies)
✔ Form 23ACA-XBRL: For recording Profit and Loss Account (relevant to choose the class of Companies)
✔ Form 20B: For recording Annual Return by Companies having share capital
✔ Form 66: For recording Compliance Certificate by Companies having settled up capital of Rs. 10 lakh – Rs. 2 crore
✔ Form 21 A: For recording Annual Return by Companies not having share capital
✔ Form AOC-4: For recording fiscal summary and different reports (For FY start on or after 01.04.2014) ✔ Form AOC4-CFS: Form for documenting articulation containing striking highlights of united budget summary of a gathering (For FY start on or after 01.04.2014)
✔ Form AOC4-XBRL: For recording XBRL archive in regard of budget report and different archives (For FY start on or after 01.04.2014)
✔ Form MGT-7: Form for documenting Annual Return by Companies having share capital (For FY finishing on or after 01.04.2014)
- There are equivalent names of certain Annual eforms for example 23AC/23ACA, 23AC-XBRL/23ACAXBRL and AOC-4, AOC4-XBRL. Which structures would it be advisable for me to record?
There are sure classes of Companies which are needed to document their Balance sheet and Profit and Loss or Financial Statements in XBRL
✔ All organizations recorded with any Stock Exchange(s) in India and their Indian auxiliaries; or
✔ All organizations having settled up capital of Rupees five crore or more; or,
✔ All organizations having turnover of Rupees 100 crore or more; or
✔ All organizations which were heretofore covered under the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011: However, Banking, Power, NBFC, and Insurance Companies are absolved from XBRL recording till additional orders.
✔ For recording, 23AC/ACA XBRL partners are needed to utilize scientific classification dependent on the new Schedule VI of the Companies Act, 1956.
✔ For recording AOC-4 XBRL partners are needed to utilize scientific classification dependent on Schedule III of the Companies Act, 2013 For additional subtleties, you may allude to the FAQs gave corresponding to XBRL structures at the underneath interface: http://mca.gov.in/XBRL/xbrl_eform_faq.html
- I can’t record Addendum or Additional Attachment for AOC-4. How would it be a great way for me to reply?
Kindly find underneath the means to fill ‘Extra Attachments/Addendum’ type of AOC-4:
✔ Fill the structure totally.
✔ Click on the Verify button.
✔ Attach the DSCs.
✔ Click by and by on Verify button (Form will be pre scrutinized here).
✔ After the progress message is shown in the past advance, save the ‘Extra Attachments/Addendum’ structure.
✔ Upload the AOC-4 structure now alongside Additional Attachments/Addendum utilizing connected recording.
- How would I top off the Annual e-forms?
a) Go to the My Services tab given at the landing page of the MCA Portal and download the pertinent eForms following the connection “Download eForms”
✔ AOC-4 CFS
✔ AOC-4 XBRL
Kindly note that simply the most recent adaptation of eForm accessible on the MCA gateway ought to be utilized for e-Filing.
b) Enter the CIN and snap the Pre Fill Button. Your PC ought to be connected with the Internet. A portion of the fields viz. Organization Name, Registered Address will be obviously filled by the framework. In the event that there is any inconsistency in the information if it’s not too much trouble, contact the RoC, for doing the vital revision.
c) Fill up the remainder of the fields in the e-Form and append the relevant connections. Ensure that the absolute size of the eForm including every one of the connections doesn’t surpass 2.5 MB. In the event that the document size of Form 23AC/AOC-4 surpasses 2.5MB, kindly utilize the Additional Attachment Sheet. (70 KB) Please follow the bit by bit measure, for transferring the Additional Attachment Sheet.
d) Click on the Check Form button. In the event that you have not filled all the necessary information, the framework will alarm you about the equivalent. Kindly do the fundamental rectifications if there should be an occurrence of any blunders.
e) Click the mark enclose the e-structure and attach the computerized signature testament by utilizing the ‘Sign and Save As’ choice. If it’s not too much trouble, utilize the Digital Certificate(s) of the approved signatories as it were.
f) Click on the Pre-examination button. Make sure that your computer is connected to the Internet. The framework will caution you if there are any mistakes, kindly do the vital amendments subsequent to tapping the ‘Alter’ catch and rehash Step (4) to (6). When Pre-investigation is effective, the framework will bolt the Form. In the event that the size of the eForm including the connection is more than 2.5 MB, the pre-examination won’t be effective.
- What is Pre-Scrutiny?
Whenever you have topped off the eForm and done “Check Form”, you are needed to tap the “PreScrutiny” button on the eForm. Kindly guarantee that when you click this catch, your PC is associated with the web. On the off chance that the MCA framework discovers some irregularity in information, it will toss a mistake and encourage the client to do the important amendments. In the event that you have topped off the eForm accurately, the framework will “lock” the eForm. In the event that you need to alter any information after the fruitful prescrutiny, click on the “Adjust” button. This will “Open” the eForm and eliminate the Digital mark (if effectively made) after which you can do the necessary alterations. When the adjustments are over you are needed to do the Pre-Scrutiny once more.
- Would we be able to do changed documenting as of now recorded Annual documenting eForm?
Indeed, reexamined recording of all Annual documenting eForms with the exception of Form 23AC/ACA and Form 23AC-XBRL/23ACA-XBRL should be possible in regard of the Forms previously documented yet the expenses for resulting changed documenting will be charged, expecting it as another documenting. Note: Revised recording of AOC-4/AOC-4 CFS/AOC-4 XBRL is permitted, just for the reasons characterized under segment 130/131 of the Companies Act, 2013 7. I’m getting the mistake message “Mark field is unsigned” while transferring yearly recording Forms. This blunder is shown when the yearly recording Form isn’t as expected, saved subsequent to being carefully marked and pre-investigated. Kindly save the eForm in the wake of applying your Digital Signature Certificate and pre scrutinizing it.
- How would I transfer the Form myself from my office?
a) Go to the My Services Tab on the MCA Portal. Snap on the “Transfer eForm” button
b) Once eForm is transferred on MCA entrance, the framework will demonstrate the subtleties of expense to be paid.
c) On tapping on the installment interface, the MCA System will give the installment alternative screen by which the client can pick installment by:
✔ Credit or Debit Card or
✔ Challan or
✔ Internet Banking or
✔ Pay later or
✔ NEFT on the off chance that Credit or Debit Card choice is chosen the client is diverted to the Payment Gateway interface where he should enter the Credit or Debit Card Details like Card Number, Expiry Date, Card Member Name and CVV Number. In the event that the subtleties are right the installment will be made, Acknowledgement is shown containing Service Request Number (SRN) and Payment Receipt is produced for the client.
On the off chance that the client picks the Challan alternative, the MCA System creates the Challan containing Challan number. The client should take printout of the Challan in 3 duplicates. Make the installment at any Authorized Bank utilizing the Challan before the expiry date imprinted on the Challan. The rundown of Authorized Banks is given under Help and FAQs part of the Authorized Banks interface on the landing page of the MCA Portal.
On the off chance that Net Banking choice is chosen the client is diverted to the separate bank’s site where client can make the installment utilizing the login and exchange secret phrase given by the bank. Subsequent to making the installment, an affirmation is shown containing Service Request Number (SRN) and Payment Receipt is produced for the client.
While making an installment on the MCA21 entrance, the client will choose ‘Pay Later’ choice as a method of installment. An eChallan will be created alongside the SRN subtleties. Clients will need to make the installment inside the legitimacy time frame as referenced in the eChallan. For making installment, client will need to login to the MCA21 entryway and snap on the connection ‘Pay Later’ under ‘Administrations’. Clients will enter the SRN for which installment is to be made and select the method of installment (Internet banking/Credit or Debit card). Upon fruitful installment, installment receipt will be produced and shown to the client.
On the off chance that NEFT alternative is chosen, the client needs to move the cash to MCA’s assigned ledger utilizing NEFT inside a predetermined time span. In the wake of saving the cash to MCA’s assigned financial balance, clients will need to connect the extraordinary exchange number subtleties created at the hour of making NEFT installment with the SRN at the MCA21 entry. In the wake of making the installment, receipt will be created.
- What do I do if the document size of Form 23AC surpasses 2.5 MB because of huge connections?
If it’s not too much trouble, eliminate a few connections or part and join just a little piece of the connection to restrict the Form size to 2.5 MB. You can transfer the excess/different pieces of connections independently utilizing ‘Extra Attachment Sheet’. If it’s not too much trouble, follow the bit by bit measure, for transferring the Additional Attachment Sheet.
- For what reason is the framework not permitting me to record any shape? I’m getting the following message: “The Company is a defaulting organization as it has not recorded the due accounting report as well as yearly returns for the monetary Year < FY1, FY 2 … FY n >. Henceforth the organization isn’t permitted to record this structure. The organization is needed to record all the due accounting reports, yearly returns sole then the organization will be permitted to document the eForm”. what will be the correct way to reply?
On the off chance that the organization has not documented its due monetary record or yearly returns for any monetary year for example 2006-07 onwards then such organization will be treated as a defaulting organization. Such organization won’t be permitted to document any eForm (with the exception of the rundown of eForms permitted) except if all the due accounting reports and yearly returns are recorded. The organization can document Annual recording e-Forms for the year for which it is defaulting.
- How could the defaulting status of the organization be eliminated?
The organization should record all the due yearly returns and asset reports for the monetary years for which it has been set apart as defaulting. When the equivalent are documented, the defaulting status of the organization will be taken out and the organization will actually want to record ordinarily
- Regardless of whether the defaulting status of an organization is accessible on the MCA21 gateway?
Indeed, the year shrewd defaulting status will be shown while seeing the expert information of an organization on MCA21 entry.
- I’m not ready to sign any eForm. I’m getting the following message “The chief marking the eForm is likewise overseer of a defaulting organization which has not recorded the due asset report as well as yearly returns. Subsequently the chief isn’t permitted to document this structure. Such defaulting organization is needed to record all the due asset reports, yearly returns sole then the chief will be permitted to sign the eForm for documenting”. what will be the correct way to reply?
Marking of any e-Form on MCA gateway (for any organization) by the signatories of the defaulting organization isn’t permitted (aside from the rundown of e-forms permitted). Anyway, the paperwork done for the exemption list will be permitted distinctly in regard of the defaulting organization and not in regard of some other organization.
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