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Section 8 companies

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(Querist)
27 September 2020 A CSR company (Section 8 Company) was formed in Sep 19. Application for 12A (Form 10A) is not filed. CSR Company has received donations 30 lakhs in F Y 19.20, out of which 10 lakhs are spent for the charitable objects of the CSR company before 31.3.20. Full amount could not be used because of lockdown before 31.3.20.

1.Which ITR is to be filed for Secction 8 companies ?
2.If Forrm 10A filed now(may be belated) can we claim exemption u/s 11 of I T Act?
3. Rs 7 lakhs are used between the period 1.4.20 to 7.9.20. Can provision of Rs 7 lakhs be made as on 31.3.20 to reduce surplus amount of AY 20.21? Or any way out like keeping the balance amount in special Fixed Deposits?

4. Is any special audit report is required to be uploaded while/before filing Return of Income?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 September 2020 1. Form ITR-6 may be used since the company can't claim section 11 for want of 12A registration.
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