MCA has further deferred the applicability of the Companies Auditor’s Report Order (CARO) 2020 from FY 2019-20/ 2020-21 to 2021-22, i.e. CARO 2020 shall be applicable in respect of financial years beginning with 01/04/2021 and onwards, as deferred by MCA.
In short CARO shall be applicable for Auditor’s Reports in respect of FY 2021-22 and onwards, as deferred from FY 2019-20/ 2020-21. 
MCA Order dt. 19/12/2020: CARO 2020 Applicability Timeline further Extended to FY 2021-22
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 makes the following Order further to amend the Companies (Auditor’s Report) Order, 2020, namely:-
1. Short title, application and commencement.-
(1) This Order may be called the Companies (Auditor’s Report) Second Amendment Order, 2020.
(2) It shall come into force on the date of its publication in the Official Gazette.
2. In the Companies (Auditor’s Report) Order, 2020, in paragraph 2, for the figures, letters and word “1st April, 2020”, the figures, letters and word “1st April, 2021” shall be substituted.
Note: The principal order was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), vide number S.O. 849(E), dated 25/02/2020 and was subsequently amended vide number S.O. 1219 (E), dated 24/03/2020.
MCA Order dt. 24/03/2020: CARO 2020 Applicability Timeline Extended to FY 2020-21
MCA Order dt. 25/02/2020: MCA notifies the Companies Auditor’s Report Order (CARO) 2020, applicable from FY 2019-20
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