MCA Grants One-time Relaxation for Filing of Forms 3, Form-4 & Form-11 under LLP Act Without Any Additional Fee
- News|Blog|Company Law|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 28 August, 2023
Latest from Taxmann
General Circular No. 8/2023; Dated: 23.08.2023
To address difficulties faced by certain LLPs and promote ease of doing business, the MCA has granted one-time relaxation in additional fees for LLPs that are unable to file forms 3, 4 and 11 within due dates and provide an opportunity to update their filings and details in Master-data for future compliances.
The filing of Forms 3 and 4 without additional fees shall be applicable for event dates 01.01.2021 and onwards. For events dated prior to 01.01.2021, these forms can be filed with 2 times and 4 times of normal filing fees as additional fees for small LLPs and other than small LLPs.
The filing of Form 11 without additional fee shall be applicable for F.Y. 21-22 onwards. These forms shall be available for filing from 01.09.2023 onwards till 30.11.2023. Form 11 for previous years (prior to FY 2021-22) forms can be filed with 2 times and 4 times of normal filing fees as additional fees for small LLPs and other than small LLPs.
Further, Form 3 and Form 4 would be processed under Straight Through Process (STP) mode for all purposes except for change in business activities. The stakeholders are advised to file these forms in a sequential manner i.e. the filing for old events date may be filed first and so on as to update the master data in the proper manner.
Also, these forms shall be available for filing from 01.09.2023 onwards till 30.11.2023 (both dates inclusive).
Click Here To Read The Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
CA | CS | CMA
