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  1. Dec 20, 2020 · MCA has further deferred applicability of the Companies Auditor’s Report Order (CARO) 2020 from FY 2019-20/ 2020-21 to 2021-22, i.e. CARO 2020 shall be applicable in respect of financial years beginning with 01/04/2021 onwards, as deferred by MCA. In short CARO applicability for FY 2019-20/ 2020-21 has been deferred to FY 2021-22.

  2. 2.2 Companies to which CARO, 2020 applies CARO, 2020 shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Act except those categories of Companies specifically exempted by clauses (i) to (v) of para 1(2) [Para 1(2) of CARO, 2020]. For companies specifically exempted from CARO, 2020, see para 2.3 ...

  3. Jan 08, 2021 · However, MCA has vide its order number S.O. 1219(E) dated 24th March 2020 announced that CARO, 2020 would applies, for the financial years commencing on or after the 1st April, 2020 instead of financial years commencing on or after the 1st April, 2019. Decision is been take considering recent Outbreak of Corona Virus.

  4. Oct 12, 2021 · The Ministry of Corporate Affairs (MCA) has announced a new format of statutory audits of companies. The MCA has notified Companies (Auditor’s Report) Order, 2020 on 25 February 2020 (CARO 2020). The order (CARO 2020) replaces the earlier order under Companies (Auditor’s Report) Order, 2016.

  5. Feb 25, 2020 · MCA Notifies Companies (Auditor’s Report) Order, 2020 (CARO 2020). The CARO, 2020 is applicable for audit of financial statements of eligible companies for the financial years commencing on or after the 1st April, 2019. MINISTRY OF CORPORATE AFFAIRS ORDER. New Delhi, the 25 th February, 2020

  6. Dec 19, 2020 · CARO, 2020 Further extension for applicability by one year, i.e. up to 1st April, 2021. This is to inform you that the Ministry of Corporate Affairs vide Order dated 17.12.2020 has extended the applicability date of Companies (Auditor’s Report) Order, 2020 for one more year, i.e. for the financial years commencing on or after the 1st April, 2021.

  7. CARO 2020 dated 24.03.2020 (40 KB) Clarification on spending of CSR funds for COVID-19. ... the e-forms shall be available on the MCA-21 portal on 11th February, 2020.

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