Comprehensive Guide to AOC 4 Form Filing

The financial statements of an entity must be applied to the Ministry of Corporate Affairs every year. This MCA form is known as AOC-4. Thus, Form AOC-4 is delivered with the MCA for every Financial Year.

To know about the importance of AOC 4 in-depth, check out the blog!

What is AOC 4 Form?

Form AOC 4 is a form that is filed with the Registrar of Companies (RoC) as per the Companies Act, 2013. It is a form that is used to file the annual financial statements of a company, including the balance sheet and the profit and loss account. The financial statements should be filed within 30 days of the Annual General Meeting (AGM).

The AOC 4 form also includes details of the company's Board of Directors report and the auditor's report. This form is mandatory to be filed annually by all companies, whether public or private, and non-compliance can result in penalties or fines.

Why is it mandatory to fill out AOC 4?

AOC-4 format is mandatory to be filed with the Registrar of Companies (RoC) as per the Companies Act, 2013 because it is used to file the annual financial statements of a company. These financial statements include the balance sheet and the profit and loss account, which provide a detailed overview of a company's financial position and performance for a given financial year. This is important information for shareholders, potential investors, and other stakeholders to make informed decisions about the company.

Additionally, the importance of AOC 4 must be in compliance with various laws and regulations. The financial statements filed in AOC-4 are used by the government and other regulatory bodies to monitor the financial health of companies and ensure compliance with accounting and tax laws.

Furthermore, filing the AOC4 form with the RoC is also mandatory for the company to maintain its good standing with the Registrar of Companies, and to avoid any penalties or fines that may be imposed for non-compliance.

In summary, the AOC 4 format is mandatory to be filed as it provides important financial information to shareholders and stakeholders, helps to ensure compliance with laws and regulations, and helps companies maintain good standing with the Registrar of Companies.

When should AOC 4 form be filed?

The AOC-4 download should be filed with the Registrar of Companies (RoC) within 30 days of the Annual General Meeting (AGM).

This means that the form should be filed after the company's AGM, where the financial statements for the previous financial year are presented and approved by the shareholders. The financial year for which the form is being filed should be the same as the financial year for which the AGM is held.

It is the responsibility of the company to ensure that the form is filed with the RoC in a timely manner, failure to do so may result in penalties or fines. The company should also ensure that the financial statements filed in the form are accurate, complete, and in compliance with the accounting and tax laws.

Important Documents Required for AOC 4 Form

Here are some important documents that are typically required when filing the AOC 4 format:

Balance sheet and Profit and Loss statement: These are the primary financial statements that are required to be filed as part of the AOC-4 form. These statements provide a detailed overview of a company's financial position and performance for a given financial year.
Auditors Report: An auditor's report is a statement issued by an independent auditor after reviewing the financial statements of a company. It is required to be filed along with the AOC-4 download.
Resolution passed in AGM approving the financial statements: A resolution passed in AGM approving the financial statements are required to be filed as a part of the AOC-4 form.
Details of Board of Directors: The AOC 4 form also requires the report of the company's Board of Directors.
Details of any loans and investments: The form also requires the details of any loans and investments made by the company during the financial year.
Details of any charges created or modified: The form also requires details of any charges created or modified by the company during the financial year.
Details of fixed assets: The form also requires details of the company's fixed assets, including the cost, accumulated depreciation, and the net book value of each asset.
DSC of Authorized Signatory: Digital Signature Certificate of the authorized signatory is also required for the e-filing of the form.
Corporate Social Responsibility Report, if Any

It's important to note that the above list may vary depending on the specific circumstances of the company and the regulations of the jurisdiction.

Final Thoughts

In conclusion, the AOC 4 form is a crucial document that must be filed with the Registrar of Companies (RoC) annually as per the Companies Act, 2013. It is used to file the annual financial statements of a company, including the balance sheet and the profit and loss account.

At J.R compliance, we can assist you with hassle-free services in registering AOC 4. You're in safe hands!