Cost auditors can now submit report till November 30 as MCA extends deadline

11 Sept 2020

Cost auditors can now submit report till November 30 as MCA extends deadline

A circular was issued which says In view of the extraordinary disruption caused due to the pandemic, it has been decided that if cost audit report for the financial year 2019-20 by the cost auditor to the Board of Directors of the companies is submitted by 30th November, 2020 then the same would not be viewed as a violation.

It has also waived the additional fees that a company has to pay for filing the CRA-4 form (cost audit report) with the government.