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Audit Trail Compliance in Accounting Software
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Gifts and Loans — By and To Non-Resident Indians – II
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July 2012

Cost Audit Reports and Compliance Reports to be filed after 30th June 2012 in new XBRL formats.

By Sejal Vasa, Company Secretary

Reading Time 1 mins

Ministry of Corporate Affairs has mandated the cost auditors and the companies to file Cost Audit Reports (Form-I) and Compliance Reports (Form-A) for the year 2011-12 onwards (including the overdue reports relating to any previous year) in XBRL mode.

Therefore, filing of existing Form I – Cost Audit Report and Form A – Compliance Report shall not be allowed till 30-6-2012 by which time the new XBRL mode of filing will be ready and enabled.

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July 2012

Cost Audit Reports and Compliance Reports to be filed after 30th June 2012 in new XBRL formats.

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July 2012

Cost Audit Reports and Compliance Reports to be filed after 30th June 2012 in new XBRL formats.

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Company Law Forms changing where new Schedule VI is applicable.

Issues arising on migration to an ERP software.