The Institute of Chartered Accountants of India has announced an extension for submitting the Cost Audit Report (CRA-4 form) for the financial year 2019-20. The deadline has been moved from 30th November 2020 to 31st December 2020. This decision was made by the Ministry of Corporate Affairs due to disruptions caused by the COVID-19 pandemic, aiming to provide greater ease of doing business for corporates and professionals.
Due to the COVID-19 pandemic, it has been decided to extend the date for submission of the Cost Audit Report for the Financial Year 2019-20 from 30th November 2020 to 31st December 2020. Read the official announcement below:
Corporate Laws Corporate Governance Committee
The Institute of Chartered Accountants of India
4th December, 2020
ANNOUNCEMENT
Sub: Relaxation of additional fees and extension of last date of filling of CRA-4 (form for filing of cost audit report) for FY 2019-20
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FAQ :
The new deadline for filing the Cost Audit Report (CRA-4) for the financial year 2019-20 is 31st December 2020.
The original deadline for filing the Cost Audit Report for FY 2019-20 was 30th November 2020.
The deadline has been extended due to the difficulties faced by corporates and professionals caused by the disruption from the COVID-19 pandemic.
The form used for filing the cost audit report is CRA-4.
The Ministry of Corporate Affairs, Government of India, clarified the extension via Circular No. 38/2020.