ICAI Important Announcement- Relaxation of additional fees

ICAI Important Announcement- 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

Considering the difficulties faced by the corporates and professionals due to the continued disruption in certain parts of the country and to provide greater Ease of doing business, the Ministry of Corporate Affairs, GOI has clarified via Circular No. 38/2020 dated 1st December, 2020 that in view of large scale disruption caused by the Covid-19 pandemic, it has been decided to extend the date for submission of cost audit report for the financial year 2019-20 by the cost auditor to the Board of Directors of the Companies from 30th November, 2020 to 31st December, 2020.

Circular is available at: http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.38_01122020.pdf

Members may note the above.