https://www.taxtmi.com/circulars?id=60489 Companies in the construction and development (real estate) sector that meet the threshold in Rule 3 of the Companies (Cost Accounting Records) Rules, 2011 must maintain cost accounting records and file a compliance report with the Central Government. The Rules require conformity with Generally Accepted Cost Accounting Principles and Cost Accounting Standards; scope includes developers, infrastructure projects, BOT/BOOT and EPC contracts and projects abroad. Exemptions retained for contractors paid only conversion charges, non-corporate JVs, unlisted companies below thresholds and bodies under special Acts; no cost audit presently applies. en-us Fri, 25 May 2012 00:00:00 +0530 Fri, 05 Apr 2019 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60489 Companies in the construction and development (real estate) sector that meet the threshold in Rule 3 of the Companies (Cost Accounting Records) Rules, 2011 must maintain cost accounting records and file a compliance report with the Central Government. The Rules require conformity with Generally Accepted Cost Accounting Principles and Cost Accounting Standards; scope includes developers, infrastructure projects, BOT/BOOT and EPC contracts and projects abroad. Exemptions retained for contractors paid only conversion charges, non-corporate JVs, unlisted companies below thresholds and bodies under special Acts; no cost audit presently applies. Circulars Companies Law Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60489