NFRA publishes a list of Audit firms/Auditors who have not filed mandatory annual return
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- By Chetan Kulasri
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- Last Updated on 15 October, 2022
Latest from Taxmann
Press Release dated: 13.10.2022
NFRA has published a list of audit firms/auditors who have not filed mandatory e-form NFRA-2 for the reporting period 2018-19 and 2019-20. As per the press release, a total of 617 audit firms/auditors have not yet filed returns for FY 2018-19 & a total of 1,684 audit firms have not filed their returns for FY 2019-20.
As per Rule 5 of NFRA Rules, 2018, an annual return is required to be filed by auditors/audit firms of a prescribed class of companies on or before 30th November every year in Form NFRA-2. Further, non-filing of Form NFRA-2 will be treated as non-compliance and would attract penal provisions.
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