The Institute of Company Secretaries of India(ICSI) has requested MCA Secretary Dr. Manoj Govil to extend time for filing of Form CSR-2 form due to MCA website issues.
Reetu | Mar 22, 2023 |
ICSI requests for extension of time for filing of Form CSR-2 form due to MCA website issues
The Institute of Company Secretaries of India(ICSI) has requested MCA Secretary Dr. Manoj Govil to extend time for filing of Form CSR-2 form due to MCA website issues.
To draw kind attention towards provisions of Rule 12(1B) of the Companies (Accounts) Rules, 2014. It provides that every company covered under the provisions of sub-section (1) to section 135 of the Act shall furnish a report on Corporate Social Responsibility in Form CSR-2 to the Registrar for the preceding financial year (2020-2021) and onwards as addendum to Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), is the case may be.
It fu1iher provides that for the FY 2021-22, Form CSR-2 shall be filed separately on or before March 31, 2023 after filing Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS), as the case may be.
Accordingly, the last date for filing Form CSR-2 for financial year ending March 31, 2022 is March 31, 2023. However, professionals and corporates are still facing difficulties in filing, Form CSR-2. As informed by professionals, the difficulties being faced are as under:
In view of the above, it is requested to extend the timelines to file Form CSR-2 by the companies for the preceding financial year 2021-22 from March 31, 2023 to June 30, 2023.
Further, the instruction kit to Form CSR-2 provides that Form CSR-2 is to be filed as ‘addendum’ to Form AOC-4 with respect to financial year 2020-21 onwards. This is in contradiction to Rule 12(1B) of the Companies (Accounts) Rules, 2014 and hence needs to be modified.
We hope that the above submission would be considered favorably.
For Official Representation Download PDF Given Below:
In case of any Doubt regarding Membership you can mail us at [email protected]
Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"
