https://www.taxtmi.com/article/detailed?id=1689 The Rules extend maintenance of cost records to real estate and construction activities qualifying as processing activity; applicable companies must prepare project-level cost records, reconcile them with financial accounts, prepare and obtain board approval for the annexure to the Compliance Report, and file Form A with the Compliance Report (signed by a Cost Accountant). Statutory auditors must verify whether such cost records have been made and maintained and state so in their CARO comment. The Ministry's circular excludes contractors paid only job-work/conversion charges and certain non-corporate or smaller unlisted entities. en-us Tue, 03 Apr 2012 19:14:00 +0530 Tue, 03 Apr 2012 19:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1689 The Rules extend maintenance of cost records to real estate and construction activities qualifying as processing activity; applicable companies must prepare project-level cost records, reconcile them with financial accounts, prepare and obtain board approval for the annexure to the Compliance Report, and file Form A with the Compliance Report (signed by a Cost Accountant). Statutory auditors must verify whether such cost records have been made and maintained and state so in their CARO comment. The Ministry's circular excludes contractors paid only job-work/conversion charges and certain non-corporate or smaller unlisted entities. Articles Corporate Laws / IBC / SEBI Tue, 03 Apr 2012 19:14:00 +0530 https://www.taxtmi.com/article/detailed?id=1689