MCA introduces Annual CSR Reporting

February 2022

The Ministry of Corporate Affairs notified the Companies (Accounts) Amendment Rules 2022 on February 11, 2022, and inserted a new Rule 12(1B) to introduce a new requirement of furnishing an Annual Report on Corporate Social Responsibility (“CSR”) with the Registrar of Companies. 

Background: Section 135 of the Companies Act, 2013 requires all companies with a profit of INR 50 million (USD 663,746) or turnover of INR 1 billion (USD 14 million) or net worth of INR 5 billion (USD 67 million) or more in the preceding Financial Year (“FY”) to expend at least 2% of three years’ average net annual profit on CSR activities specified under Schedule VII of the Act.

Amendment: As per new Rule 12(1B), all companies covered under section 135 shall furnish a detailed Annual CSR Report for (a) FY 2020-21: in a web-form CSR-2 on or before March 31, 2022; (b) FY 2021-22 and onwards: in an addendum to form AOC-4 i.e., accounts related web-form within 30 days of the Annual General Meeting. 


Jaya Moorjani

We are using cookies to give you the best experience. You can find out more about which cookies we are using or switch them off in privacy settings.
AcceptPrivacy Settings




The Bar Council of India restricts advocates from maintaining a website as a source of advertising. This site contains general information for informative purposes only. The reader should not consider / construe information on this site to be an invitation for any attorney-client relationship.