<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Maintenance of records</title>
    <link>https://www.taxtmi.com/acts?id=17048</link>
    <description>Companies covered by the Cost Accounting Records (Sugar Industry) Rules must maintain cost records and books of account containing particulars in Proformae A to I, kept regularly to allow per unit cost, cost of sales and margin calculations for each product or activity and following accepted cost accounting principles and Institute standards with deviations explained. Records must enable operational and cost control, be reconciled with audited financial statements identifying excluded items and reconciling product profits with overall profit, and be retained for not less than eight financial years or the company&#039;s existence where shorter.</description>
    <language>en-us</language>
    <pubDate>Thu, 06 Dec 2012 17:56:40 +0530</pubDate>
    <lastBuildDate>Thu, 06 Dec 2012 17:56:40 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=253570" rel="self" type="application/rss+xml"/>
    <item>
      <title>Maintenance of records</title>
      <link>https://www.taxtmi.com/acts?id=17048</link>
      <description>Companies covered by the Cost Accounting Records (Sugar Industry) Rules must maintain cost records and books of account containing particulars in Proformae A to I, kept regularly to allow per unit cost, cost of sales and margin calculations for each product or activity and following accepted cost accounting principles and Institute standards with deviations explained. Records must enable operational and cost control, be reconciled with audited financial statements identifying excluded items and reconciling product profits with overall profit, and be retained for not less than eight financial years or the company&#039;s existence where shorter.</description>
      <category>Act-Rules</category>
      <law>Companies Law</law>
      <pubDate>Thu, 06 Dec 2012 17:56:40 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=17048</guid>
    </item>
  </channel>
</rss>