R L R BOSE & Co.

GST UPDATE:

MCA UPDATE:For Companies - MCA Annual Filing FY 2024-25

It’s that time of the year again! However, this year is also the 1st year for new MCA V3 Portal for Annual Return Filings...

Key Points for new MCA V3 Annual Filings - Very Important

✅ Statutory Audit Report (mandatory) must be signed by 2 Directors & the Auditor.
✅ Keep caution that Balance Sheet date should be on or before 05.09.2025 and mentioned in the Independent Report, Balance Sheet & P&L to fulfill AGM & Notice Compliance rules (unless AGM via Short Notice compliance is being followed by Company)
✅ Comparative figures for 2 years must be shown.
✅ CARO 2020 & Cash Flow Statement mandatory if Paid-up Capital > ₹4 Cr or Turnover > ₹40 Cr.
✅ Disclose Director remuneration, employee count (male/female/transgender), and 11 financial ratios.
✅ Provide PAN of all shareholders
✅ Photos of the registered office (inside & outside) showing company name, CIN and address mandatory for MGT-7/7A now.
✅ Word Format of Independent Audit Report with CARO will also be needed now as same has to be copy pasted in AOC-4. Why ? Because extract of Auditors Report (standalone and consolidated)and Extract of Boards Report are now going to be added as an additional forms along with AOC 1 and AOC 2 form.
✅ Absolute figures to be reported in AOC-4 but rounded off financials to be attached. (Logic ?)

Make sure all documents are in place and verified before filing the ROC forms!

INCOME TAX UPDATE: Audited ITR Extension Update !!

🔸 Next hearing: 13.10.2025

Writ Petition in Hon. Gujarat High Court – Portal Glitches & Due Date Extension

The matters of CAAS, ITBA & AGFTC were heard jointly today.

The Dept. counsel sought more time as CBDT hasn’t issued instructions yet on the Hon’ble Court’s earlier direction to extend the u/s 139(1) due date for audited cases to 30 Nov.