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MCA extends Deadline of filing of Form NFRA-2 [Read Circular]

MCA - Form NFRA 2- Taxscan

The Ministry of Corporate Affairs (MCA) notifies the extension of the last date of filing of Form NFRA-2. It has been decided that the time limit for filing of Form NFRA-2, for the reporting period FY 2018-19, will be 270 days from the date of deployment of this form on the website of the National Financial Reporting Authority (NFRA).

NFRA has been constituted to oversee the quality of accounting and auditing services of the companies. All the auditors of the company, covered under Rule 3 of the NFRA Rules 2018, are required to file annual returns in the form NFRA-2, mandatorily. Timely filing of return helps in the smooth functioning of NFRA.

Earlier, in a circular released on 30th April, it was decided that the time limit for filing of Form NFRA-2 was 210 days from the date of deployment.

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