Relaxation of additional fees and extension of last date of filing of CRA-4 (form for filing of cost audit report) for FY 2019-20 under the Companies Act, 2013
Relaxation of additional fees and extension of last date of filing of CRA-4 (form for filing of cost audit report) for FY 2019-20 under the Companies Act, 2013 MCA Circular no 29/2020 In view of the extraordinary disruption caused due to the pandemic, it has been decided that if cost audit report for the financial year 2019-20 by the cost auditor to the Board of Directors of the companies is submitted by 30th November, 2020 then the same would not be viewed as violation of rule 6(5) of Companies (cost records and audit) Rules, 2014. Rule 6(5) of Companies (cost records and audit) Rules, 2014 Every cost auditor shall forward his duly signed Cost Audit Report to the Board of Directors of the company within a period of one hundred and eighty days from the closure of the financial year i.e 30th September 2020 to which the report relates and the Board of Directors shall consider and examine such report, particularly any reservation or qualification contained the...