MCA introduces New Form CSR-2- A report on CSR

Last Updated On: Feb. 14, 2022, 11:47 p.m.
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A REPORT ON CSR:MCA INTRODUCES NEW CSR-2 FORM

Every company covered under the provisions of sub-section (1) to section 135 shall furnish a report on Corporate Social Responsibility in Form CSR-2 to the Registrar for the preceding year (2020-2021) and onwards as an addendum to form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be:

Provided that for the preceding year (2020-2021), Form CSR-2 shall be filed separately on or before 31st March, 2022, after filing form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be.”

 

The government empowered under sub-section (1) and (3) of section 128, subsection (3) of section 129, section 133, section 134, sub-section (4) of section 135, sub-section (1) of section 136, section 137 and section 138 read with section 469 of the Companies Act, 2013 notified the Companies (Accounts) Amendment Rules, 2022 which seeks to amend the Companies (Accounts) Rules, 2014.


The newly introduced form CSR-2 (report on Corporate Social Responsibility) is required to be filed by those entities which fall under the provisions of Section 135 of the Companies Act, 2013, i.e., the companies which are required to comply with the provisions of Corporate Social Responsibility (CSR).

 

DUE DATE FOR CSR-2 FORM:

i. F. Y. 2020-21: separately on or before 31st March, 2022

ii. F. Y. 2021-22 onwards: as an addendum to form AOC-4 (due date of AOC-4)

 

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