Extend Due Date of Filing AOC-4 for FY 2021-22: ICSI submits 2nd representation

The Institute of Company Secretaries of India(ICSI) has submitted another representation before MCA Secretary Shri Tarun Bajaj for the extension of the due date for Annual Filing upto 31st Dec 2022 without additional fees.

First One being made on 11th Oct 2022; Read Representation

ICSI quoted that the Central Board of Direct Taxes (CBDT) on consideration of difficulties faced by the taxpayers and other stakeholders, has vide circular No. 19/2022 dated 30.09.2022, granted 7 days extension for the filing of audit reports for the Assessment Year 2022-23 i.e. from 30th September 2022 to 07th October 2022 for filing of various reports of audit for the Assessment Year 2022-23. So, in the majority of cases, the audited figures are made available after 7th October 2022.

Further the instituted added that a number of communications are being received from our stakeholders requesting an extension of the last date for filing of financial statements as well as citing the fact that the dates of filing financial statements is coinciding with the varied festivals (Diwali, Bhai Dooj, Chhath Puja, etc.) celebrated across the length and breadth of the nation, during which corporates and professional workspaces are closed temporarily.

During this period, there is a lack of manpower and support staff which add to the woes. Amid festivities, with having few days for fitting, the stakeholders are requesting for such extension of the last date for filing of financial statement.

The extensions will promote ease of compliance and will strengthen the governance framework.

Read the Representation