Compliance report - cost audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2012
Friends,
A Company is covered under cost audit order issued dated 24th January, 2012. Whether the company has to file complaince report for the financial year 2011-12? pls clarify.
A Company is covered under cost audit order issued dated 24th January, 2012. Whether the company has to file complaince report for the financial year 2011-12? pls clarify.
17 September 2012
Yes the company will have to file the compliance report for the FY 2011-12.
To know about detailed provisions you may check the article from below link--
https://www.caclubindia.com/articles/applicability-of-cost-accounting-records-and-compliance-certificate-14772.asp#.UFcGvrLiaZl
To know about detailed provisions you may check the article from below link--
https://www.caclubindia.com/articles/applicability-of-cost-accounting-records-and-compliance-certificate-14772.asp#.UFcGvrLiaZl
Rahul Jain
(Expert)
19 September 2012
Yes because it is already covered under the 3rd june notification and if turnover exceeds 100 cr then in 24 jan 2012 notification.
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