Articles by CMA Navneet Kr Jain

Corporate Laws (Amendment) Bill 2026: CFOs & Directors Face Increased Accountability on Cost Audit

Posted by CMA Navneet Kr Jain 17 April 2026 4192 Views

Explore the key amendments to Section 148 under the Corporate Laws (Amendment) Bill 2026, highlighting increased accountability for CFOs, MDs, and WTDs in cost records and audit, introduction of cost accounting standards, and enhanced governance over cost data for better policy decision-making.

Inventory Valuation 2026: Key Precautions & Tax Rules

Posted by CMA Navneet Kr Jain 24 March 2026 1282 Views

Understand crucial inventory valuation precautions for March 31, 2026. Learn about Income Tax Act 2025, Section 277, and Form 101 requirements.

GSTAT Rules 2025: GST Appellate Tribunal Procedures

Posted by CMA Navneet Kr Jain 26 April 2025 598 Views

Understand the GSTAT Procedure Rules 2025 for GST appeals. Learn about filing, hearings, and legal provisions governing the GST Appellate Tribunal.

MCA Show Cause Notices: Cost Audit Non-Compliance

Posted by CMA Navneet Kr Jain 02 April 2025 971 Views

Facing MCA show cause notices for cost audit non-compliance? Learn how to handle them, understand penalties, and ensure timely filing of Form CRA-4.

Cost Audit and Cost Records Applicability 2024-25 & Non Compliance attracting Show Cause Notices

Posted by CMA Navneet Kr Jain 26 June 2024 3574 Views

Simple way of checking the applicability of Section 148 with regard to applicability of maintenance of Cost records or cost audit for 2024-25 is to review the financials of 2023-24 &Check the Total turnover of the Company

Cost Audit 2023-24: Report Delays to MCA

Posted by CMA Navneet Kr Jain 13 May 2024 1755 Views

Ensure timely cost audit filings for 2023-24. Discover reporting requirements for delays and UOM compliance to avoid MCA scrutiny.

Cost Audit & Records: Applicability Guide 2022-23

Posted by CMA Navneet Kr Jain 21 November 2023 168393 Views

Understand cost audit and cost records applicability for your company. Discover thresholds, requirements, and filing procedures under Section 148.

Inventory Valuation & Income Tax: New Rules Explained

Posted by CMA Navneet Kr Jain 29 September 2023 9412 Views

Understand the new Form 6D for inventory valuation under Income Tax. Ensure accurate reporting and avoid penalties. Learn about the latest regulations.

Cost Records Notices: Section 148 Companies Act Compliance

Posted by CMA Navneet Kr Jain 20 March 2023 12844 Views

Companies are receiving notices for non-maintenance of cost records under Section 148. Learn how to comply and avoid penalties. Read now!

MCA Cost Audit Report Review: A Warning for Auditors

Posted by CMA Navneet Kr Jain 14 October 2022 7833 Views

The MCA is reviewing Cost Audit Reports, issuing notices to companies and auditors. Understand the implications and prepare for data scrutiny. Read more.