Corporate Updates – 05-10-2015

MCA:

To sort out the technical issues relating to contents and data in the Annual Filing Forms, MCA has revised the Versions of eForms AOC-4 (Non-XBRL) (Form for filing financial statement and other documents with the Registrar ) & MGT-7 (Form for filing annual return by a company) w.e.f 4th October, 2015. Only new version of the eForm will be acceptable. Stakeholders are requested to plan accordingly and ensure that you have downloaded the latest version for filing and uploading the latest version only. Form-wise date of last version change is available at on the website of MCA.

CBDT:

After all ups & downs and verdict of various High Court’s of India, CBDT has finally extended the due date of filing of returns of income and audit reportsu/s 44AB. In supersession of orders under Section 119 of the Income-tax Act, 1961 (‘Act’) dated 30th September, 2015, the Central Board of Direct Taxes, in exercise of powers conferred under Section 119 of the Act, hereby orders that the returns of income and audit reports u/s 44AB due for e-filing by 30th September, 2015 may be filed, across the country, by 31st October, 2015.

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