Dear All
Rules for cost audit is yet to be notified , so we should wait for rules to notified or proceed with filling of 23C for F.Y 2014-15 as the panelty for non filling of 23C is quite heavy. Pls give your valuable suggestion.
Thanking you in advance
Hello ,
Everyone is awaiting for the Clarifications on the appoinment of cost auditor since long.
It is very surprising that SUCH TYPE OF time barred clarifications are not taken on prioity by MCA.
hope , it comes soon before the deadline.
REGDS
Dear mam,
please suggest on which contact numbers we will get clarifications on this .
regds
Section 148 of Companies Act 2013 has been notified which does not provide for approval of CG for appointment of cost auditor. However, Rules under this Section are yet to be notified. President of Cost Accountants Institute has also taken up this issue with MCA:
https://www.icmai.in/upload/Institute/Communique-President-18062014.pdf
In view of this, there is no need to file Form 23C now for 2014-15.
Thanks sir for prompt updates.
Due to the heavy penalty provisions , there is lot of confusion whether to file or not
Regds
It is very clear. There is no need to file Form 23C. Form 23C refers to 1956 Act and these provisions are no more applicable now.
on raising the complaint / ticket to MCA , we got following message for the query on filing 23c for the year 2014-15
"" Dear Sir/Madam,
Kindly refer the sections notified in place of the old sections as this form shall remain on the site till new form is notified by the ministry.""
pl.comment.
As usual, it is very very vague reply and is not based on any legal provision.
Many many thanks to p.c.agrawal sir and vandana mam, for your valuble guidence in such difficult time.
yes , we were not reqd to file the form 23c.
it was really a logical solution of the problem given by sir n mam ,
thanks once again , as you both have given the new avenue to my thoughts and the direction that how one should seek the logical solution of the problem .
Thanks once again , as your adviced us in such a crucial time.
Many many thanks to p.g.agrawal sir and vandana mam, for your valuble guidence in such difficult time.
yes , we were not reqd to file the form 23c.
it is really a logical solution of the problem given by sir n mam ,
thanks once again , as you both have given the new avenue to my thoughts and the direction that how one should seek the logical solution of the problem .
Thanks once again , as you adviced us in such a crucial time.
CAclubindia
