The Ministry of corporate affairs has vide its notifications dated 11th February 2022, has notified Companies (Accounts) Amendment Rules, 2022 and inserted rule 1A in rule 12 of Companies (Accounts) Rules 2014.
As per amended rules, every company covered under u/s 135 shall furnish a report on Corporate Social Responsibility in E-Form CSR-2 to the Registrar for the preceding financial year.
Introduction of form CSR-2:
Introduction of form CSR-2 is a great move to track CSR activities of companies and it is very important from company’s end to comply with the said amendments and rules with care and diligence. It is mandatory for corporate to furnish the details of the CSR spent to the Ministry through this form. Earlier no such form was prescribed. Section 135 of the act only mandates to annex the details of CSR to its Board Report and also disclose on the website of the Company.
Every company covered under the provisions of sub-section (1) of section 135 of the Companies Act, 2013, shall furnish a report on Corporate Social Responsibility in Form CSR-2 to the Registrar of companies for the preceding financial year (2020-2021) and in financial year 2021-22 as an addendum to Form AOC-4 or AOC-4 XBRL or AOC-4 NBFC (Ind AS).
Further, for the preceding financial year (2020-2021), Form CSR-2 shall be filed separately on or before 31st March 2022.
The due date of filing of form CSR-2 is:
| S. No | Financial year | Due date of CSR form |
| 1. | 2020-21 | On or before 31st March, 2022 |
| 2. | 2021-22 | Addendum to form AOC-4 i.e. due date of form AOC-4 |
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