Articles by CMA Navneet Kr Jain

View Full Profile

Audits under GST Regime: Are we geared enough to face the challenges

Posted by CMA Navneet Kr Jain 09 May 2017 5173 Views

Audits under GST Regime : Are we geared enough to face the challenges

Show Cause Notices issued by MCA for non-compliance with the Cost Audit Provisions

Posted by CMA Navneet Kr Jain 29 March 2017 12879 Views

MCA has started issuing show cause notices to companies for non compliance with cost records maintenance/ cost audit provisions.

Reporting under cost audit aligned with eight digit central excise tariff code

Posted by CMA Navneet Kr Jain 16 June 2015 14825 Views

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: Cost records and cost audit non-compliance

Posted by CMA Navneet Kr Jain 06 April 2015 36158 Views

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

Tax audit under income tax and cost audit: Correlation & new amendments

Posted by CMA Navneet Kr Jain 16 August 2014 31610 Views

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

Procedure for Appointment of Cost Auditor: 2014-15 onward

Posted by CMA Navneet Kr Jain 25 July 2014 88676 Views

The enactment of new Companies Act 2013 has brought far reaching changes. On the one hand it has tried to fi

MCA issues notices for non-compliance with Cost Audit

Posted by CMA Navneet Kr Jain 07 August 2013 22076 Views

MCA has started issuing notices for non-compliance with cost audit provisions By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA It is natural for the corporates to go soft on the compliance provisions with regard to any of

Difference: Cost Compliance Report and Cost Audit Report

Posted by CMA Navneet Kr Jain 23 November 2012 48959 Views

Difference in applicability of Cost Compliance Report and Cost Audit Report New Cost Audit Orders and its Comparision with earlier orders By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA With issue of various circulars, c

Cost Auditors Appointment: Penalties for Non Compliance with respect to Appointment of Cost Auditor Notified

Posted by CMA Navneet Kr Jain 01 September 2012 25829 Views

29th June, 2012 was the Last date of filing Form 23C relating to appointment of Cost Auditor (for the financial year 2012-13) with M

Real Estate/EPC Contracts : Draft Guidance Note for Cost Records

Posted by CMA Navneet Kr Jain 09 August 2012 18401 Views

Real Estate/EPC Contracts : Draft Guidance Note for Cost Records By Navneet Kumar Jain, Practising Cost Accountant, Delhi Institute of Cost Accountants of India has recently released a draft guidance note on the maintenance of cost records in respec