Ministry of Finance (Photo/@FinMinIndia)
\n\nThe Ministry of Corporate Affairs (MCA) has extended the deadline for companies to file their annual financial statements for the financial year 2025-26 to December 31, 2026, without payment of additional fees.
\n\nThe ministry has also extended the deadline for filing annual returns to January 31, 2027, providing companies with additional time to complete their mandatory statutory filings.
\n\nCompanies can submit their annual returns to the ministry till January 31, 2027, as per a circular. The extension of deadlines follow representations from stakeholders as they were facing issues in submitting the annual statutory filings through the MCA 21 portal.
\n\nThe ministry said that in view of the representations received and to enable companies to complete their annual statutory filings, the deadlines have been extended without paying an additional fee.
\n\nNow, the annual financial statements in e-forms AOC-4, AOC-4 (CFS), AOC-4 (XBRL), AOC-4 NBFC (Ind AS) and AOC-4 CFS NBFC (Ind AS) for the financial year 2025-26 can be filed up to December 31, 2026.
\n\nGenerally, the annual financial statements have to be submitted within 30 days of completing the Annual General Meetings (AGMs) and in the case of annual returns, the time period is 60 days.
Original source: https://www.timesnownews.com/business-economy