The Ministry of Corporate Affairs (MCA) has announced an extension for the Companies (Auditor's Report) Order, 2020 (CARO 2020). The order's applicability has now been pushed back to 1st April 2021. This change was made through the Companies (Auditor's Report) Second Amendment Order, 2020.
The Ministry of Corporate Affairs has extended the applicability of the Companies (Auditors Report) Order, 2020 (CARO 2020) to 1st April 2021, together with releasing theCompanies (Auditors Report) Second Amendment Order, 2020. Read the official announcement below:
MINISTRY OF CORPORATE AFFAIRS
ORDER
New Delhi, the 17th December, 2020
S.O. 4588(E).-In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013), the Central Government hereby
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FAQ :
CARO 2020 refers to the Companies (Auditor's Report) Order, 2020, issued by the Ministry of Corporate Affairs.
The MCA has extended the applicability of CARO 2020 to 1st April 2021.
The extended applicability of CARO 2020 begins on 1st April 2021.
The amendment order is called the Companies (Auditor's Report) Second Amendment Order, 2020.
In CARO 2020, the date '1st April, 2020' has been substituted with '1st April, 2021'.