MCA extended due date for CRA-4 Filing for FY 2018-19

In continuation to this Ministry’s General Circular No. 12/2019 dated 24.10.2019 and in view of several representations received from various stakeholders for extension of last date, it is informed that the last date of filing of CRA-4 (cost audit report) for all eligible companies for the Financial Year 2018-19, without payment of additional fee, has been further extended till 29.02.2020.   It may be noted that the said extension is given for the entire cost audit process starting from […]

Due Date Extended of CRA-4 (Cost Audit Report) Form in XBRL Format for FY 2017-18

As per the recent circular, the government of India and the Ministry of corporate affairs has now given some relief in the additional fees and the last date of filing CRA-4 (Cost Audit Report in XBRL format) is 31st December 2018. In the circular, the MCA referred to all the regional directors, registrar of companies and the stakeholders for the relaxation of additional fees and date extension of CRA-4 (Cost Audit Report in XBRL format). There […]

Government suggests changes to cost records, audit norms

NEW DELHI: Government has proposed changes to cost records and audit rules under the companies law, amid continuing efforts to protect interests of shareholders as well as improve the overall ease of doing business. The Ministry of Corporate Affairs (MCA) has suggested various amendments, including the requirement that a cost auditor can be removed only by way of a resolution passed by the board of the company concerned. For the purpose of ‘Cost Records and […]

Companies (Filing of Documents and Forms in XBRL) Rules, 2015

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)] Ministry of Corporate Affairs Notification New Delhi, the 09th September, 2015 G.S.R.692 (E). – In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), and in supersession of the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011, except as […]

Ministry of Corporate Affairs to revise the taxonomies for XBRL filing in India

Ministry of Corporate Affairs (MCA) has incorporated two significant modifications this year with regard to the XBRL filings. They are: Revamping the taxonomy for Commercial Industrial (C&I) companies in order to synchronize with the changes as per Companies Act, 2013 and rules thereunder, and Upgrading the costing taxonomy in order to file the Cost Audit Reports under Companies (Cost Records and Audit) Rules, 2014 (the Rules). MCA is currently planning to replace the existing taxonomy […]