09 June 2015
We have filed Form CRA-2 for Financial Year 2013-14, and the same is showing as "Approved" in the MCA site. Is is mandatory to file Form-23C instead of CRA-2 for financial year 2013-14, because we are receiving error message while filing FORM I (Cost Audit Report-XBRL). Please advice.
10 June 2015
Yes, for the FY 2013-14 Form 23C is applicable, also I suggest you should have not filed any forms now As it applies a huge penalty of Approx 1.5 lakhs for uploading form 23C. Rather you can do the compliance audit for the FY 2013-14. Regards, CMA Santosh G Kalburgi Cost Accountant