: MCA extends last date of filing of CRA (201920) #FinanceIndia #StockMarketNEWS MCA extends last date of filing of CRA (2019-20) New Delhi, Sep 11 (KNN) Reacting over the appeal made by various stakeholders,

@StockMarketNEWS Sun 13 Sep, 2020

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MCA extends last date of filing of CRA (201920) #FinanceIndia #StockMarketNEWS
MCA extends last date of filing of CRA (2019-20) New Delhi, Sep 11 (KNN) Reacting over the appeal made by various stakeholders, the Ministry of Corporate Affairs (MCA) has relaxed the additional fees and extended the last date of filing of Cost Audit Report (CRA) for FY 2019-20 under the companies Act, 2013.

In view of the extraordinary disruption caused due to pandemic, it has been decided that if cost audit report for financial year 2019-20 by the cost auditor to the board of directors of companies is submitted by 30th November, 2020 then the same would not viewed as violation of rule 6(5) of companies (cost records and audit) Rules, 2014, a circular dated September 10th read.

Consequently, the cost audit report for the financial year ended on 31st March, 2020 shall be filled in e-form CRA-4 within 30 days from the date of receipt of the copy of the cost audit report by the company.

However, in case a company has availed extension of time for the holding Annual General Meeting (AGM) then e-form CRA-4 may be filed within the timeline provided under the proviso to rule 6(6) of the Companies (Cost records and Audits) Rules, 2014, the circular added.

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