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March 2013

Extension of Time Limit for Filing Cost Audit Reports and Compliance Reports for the year 2011-12

By Sejal Vasa, Company Secretary
Reading Time 1 mins
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The Cost Audit Branch of Ministry of Corporate Affairs Vide Circular No. 2/2013 has decided that all cost auditors and the companies concerned are allowed to file their Cost Audit Reports and Compliance Reports for the year 2011-12 [including the overdue reports relating to any previous year(s)] with the Central Government in the XBRL mode, without any penalty, within 180 days from the close of the company’s financial year to which the report relates or by 28th February, 2013, whichever is later.

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