Ministry of Corporate Affairs (MCA) vide General circular No. 29/2020 dated 10th September 2020 extended the last date of filing of Form CRA-4 for FY 2019-20 under the Companies Act 2013.
MCA has decided that if cost audit report for the financial year 2019-20 by the cost auditor to the Board of Directors of the companies are submitted by 30th November, 2020 than the same would not be viewed as a violation of rule 6(5) of Companies (cost records and audit) Rules, 2014. Consequently, the cost audit report for the financial year ended on 31st March, 2020 shall be filed 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 holding Annual General Meeting 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 Audit) Rules, 2014. On the receipt of the Cost audit report from Cost auditors, the company has to submit the same to Central Government in form CRA-4.
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Practicing Company Secretary, M.Com and Commerce Graduate and founder at Shaffy Mehta & Co. She is having an overall 4 years experience of Company Law and other Corporate Laws.