What is the difference between Income Tax Office and Registrar of Companies?

Question

Income Tax Office is the place of collecting Income Tax Returns. Whereas Registrar of Companies is the place of collecting e-Forms.

Answer 1

Most answers are good, some are partially right.

If there is a dividend paid then Registrar of the Co., should give the details to income tax office of the payment made to both the office and the recipient.

This is the relationship between the two entities (independent).

Answer 2

there is no connection between the two. Income tax office works under the ministry of finance. their job is to collect revenue - income tax revenue. income tax is levied on individuals, firms and companies. registrar of companies works under the ministry of company affairs. the registrar controls registration of companies. companies act 1956 is the relevant legislation. whther the registered companies are properly following the provisions of companies act is the function of the registrar. he has no connection whatever with income tax.

Answer 3

incometax office deals with matters relating to income tax like collection of income tax , issuing pan card , scrutinising high value transactions , etc

Registrar of companies (ROC ) deals with registration of companies and otherestablishments which come under companies act and their proper functioning

Answer 4

i agree with ..balaji s,,...
incometax office deals with matters relating to income tax like collection of income tax , issuing pan card , scrutinising high value transactions , etc

Registrar of companies (ROC ) deals with registration of companies and otherestablishments which come under companies act and their proper functioning