The much awaited demand of the stake holders with regard to the fine-tuning of Companies Cost Records and Audit Rules has been met with though not fully by the ..
Alignment of Cost Records with GST initiated
Anti-Profiteering provisions to ensure that the benefits of reduced tax rates are passed on to the common masses
MCA has started issuing show cause notices to companies for non compliance with cost records maintenance/ cost audit provisions.
Budget 2017-18 : Moving toward Digitised Economy: Cash is not the King now
Audits under GST Regime : Are we geared enough to face the challenges
Reporting Under Cost Audit aligned with Eight Digit Central Excise Tariff Code for Manufacturing Sector From 2014-15India is a country which introduced the concept of Cost Audits for the corporates. Till 2011, the cost audit report formats were neve
Penalties For Non Compliance With Cost Records And Cost Audit Provisions For 2014-15 OnwardsCMA Navneet Kumar JainFCMA, MBA, LL.B., M.COM, PGDTL, LIII, AIIISLA Normally, the companies have casual approach towards compliance with regard to the Cost
Ensure the review of Cost Audit Reports (CAR) for the year 2013-14 before filing of Tax Audit ReportsCMA Navneet Kumar Jain Any organization has to undergo many audits like
The enactment of new Companies Act 2013 has brought far reaching changes. On the one hand it has tried to fi