The extension of due date to file form CSR-2

The Ministry of Corporate Affairs (MCA) introduced the Companies (Accounts) Amendment Rules, 2022, effective from February 11, 2022. A notable change brought about by this amendment is the introduction of Form CSR-2.

This is a new reporting requirement for companies covered under Section 135 of the Companies Act, 2013, which mandates compliance with Corporate Social Responsibility (CSR) provisions.

 

Key Points:

1. Reporting Obligation: Companies covered under Section 135(1) must submit Form CSR-2 as an addendum to Form AOC-4.

2. Filing Deadline for FY 2020-21: Form CSR-2 must be filed separately on or before March 31, 2022, after submitting Form AOC-4 for the preceding financial year.

3. Filing Requirement for Subsequent Years: From FY 2021-22 onwards, Form CSR-2 should be submitted as an addendum to Form AOC-4 by the applicable due date.

However, for the FY 2022-23 Form CSR-2 shall be filed separately on or before 31^st March, 2024 after filing form AOC-4.  This is as per the Companies (Accounts) Second Amendment Rules, 2023 dated 31^st May, 2023.