CRA 2 COST AUDITOR APPOINTMENT INDIA
Posted on 28 May 2025, 12:01 AM
Appointing a cost auditor is a legal obligation under Section 148 of the Companies Act for companies subject to cost audit. This blog explains the complete process for CRA-2 filing—from passing the board resolution, obtaining auditor consent, to e-filing on the MCA portal. It also covers critical deadlines, penalties for delays, how to handle auditor vacancy under Rule 6, and common mistakes to avoid. With real insights and step-by-step guidance, this blog is perfect for MSMEs and enterprises aiming for full cost audit compliance. Learn how SSCOIndia can help you file CRA-2 to CRA-4 flawlessly and stay penalty-free in 2025.
Introduction: Why Cost Auditor Appointment Matters Under Section 148 In India, compliance is no lon... Read More
HOW TO MAINTAIN CRA1 COST RECORDS GUIDE 2025
Posted on 27 May 2025, 11:40 PM
This blog offers a comprehensive, step-by-step guide to maintaining CRA-1 cost records in 2025 as required under Rule 3 of the Companies (Cost Records and Audit) Rules, 2014. It explains the 30 prescribed cost heads in detail—from material and utility costs to depreciation and reconciliation with financial records. The blog includes industry-specific examples, best practices for monthly recordkeeping, and how SSCOIndia simplifies CRA-1 to CRA-4 compliance with ERP templates, Excel sheets, and audit support.
Introduction: What is CRA-1 and Why Maintaining Cost Records Matters In an increasingly compliance-... Read More
INDUSTRIES MAINTAIN COST RECORDS RULE 3 CRA1 2025
Posted on 26 May 2025, 11:58 PM
This blog outlines the full list of industries that must maintain cost records in 2025 under Rule 3 of the Companies (Cost Records and Audit) Rules, 2014. It clearly explains the difference between cost records and cost audit and provides sector-wise classification for regulated and non-regulated industries. Learn what must be included in CRA-1 records, turnover thresholds, legal consequences of non-compliance, and how SSCOIndia helps ensure audit-ready records and CRA filings. Ideal for businesses in pharma, steel, textile, electronics, and more. Book your free CRA-1 consultation today.
Introduction: Understanding Cost Record Maintenance Under Rule 3 As India moves further into a comp... Read More
INDUSTRIES MUST MAINTAIN COST RECORDS RULE 3 COMPLIANCE 2025
Posted on 22 May 2025, 01:04 AM
This comprehensive guide breaks down the Companies (Cost Records and Audit) Rules, 2014—highlighting industries that must maintain cost records under Rule 3. Understand the difference between regulated and non-regulated sectors, financial thresholds, exemptions, and penalties. Get a ready-to-use compliance checklist for 2025 and consult SSCOIndia’s experts for hassle-free audit support.
Introduction: Understanding Cost Records Under the Companies Act, 2013 In the dynamic business envi... Read More
HOW TO REPLY GST DRC 01 NOTICE INDIA GUIDE SSCOINDIA
Posted on 22 May 2025, 12:59 AM
Struggling with a GST DRC-01 notice from the department? This comprehensive guide by SSCOIndia explains what the notice means, what triggers it, the legal provisions under Sections 73 & 74 of the CGST Act, and a full step-by-step guide to draft and file a professional reply with sample format. Avoid GST penalties and delays—learn how SSCOIndia can help you resolve the issue with expert GST compliance support. Includes FAQs, mistakes to avoid, and related internal links to boost your GST filing knowledge.
Introduction: Understanding GST DRC-01 Notice In India’s evolving tax environment, recei... Read More
COST AUDIT APPLICABILITY 2025 INDIA
Posted on 20 May 2025, 11:02 PM
This blog explains cost audit applicability in 2025 based on the latest CRA rules under the Companies Act, 2013. Learn about threshold limits under Rule 3 and Rule 4, and discover if your business needs to maintain cost records or undergo cost audit. We cover exemptions for MSMEs, SEZs, newly incorporated companies, and exporters with over 75% foreign revenue. Understand common audit mistakes and how SSCOIndia.com can help you determine eligibility, avoid penalties, and ensure timely CRA-1 to CRA-4 compliance. Book your free audit review today.
Introduction: Who Needs to Comply with Cost Audit in 2025? As Indian businesses enter the financial... Read More
HOW TO FILE ITR USING AIS AND FORM 26AS NO FORM 16
Posted on 20 May 2025, 12:22 AM
Struggling to file your Income Tax Return without Form 16? This blog explains how to use AIS (Annual Information Statement) and Form 26AS to file your ITR accurately. Whether you're a freelancer, gig worker, or consultant, learn how to reconcile income and TDS, avoid mismatches, and file your return without errors. Includes tips, examples, and tools to simplify ITR filing in 2025.
Introduction: Why Filing ITR Without Form 16 Is Common & Important In recent years, India has w... Read More
HOW TO FILE ITR WITHOUT FORM 16 FREELANCERS GIG WORKERS CONSULTANTS 2025
Posted on 19 May 2025, 11:49 PM
Discover the ultimate guide for freelancers and consultants on filing Income Tax Returns without Form 16 in 2025. Get expert insights on using Form 26AS, AIS, Form 26Q, and other essential documents. Avoid penalties and maximize your tax compliance with SSCOIndia’s trusted services.
Introduction: Why This Guide Matters in 2025 India’s freelance and gig economy is booming. Wh... Read More
COST AUDIT CHECKLIST 2025 INDIA GUIDE
Posted on 13 May 2025, 11:36 PM
This comprehensive guide walks you through how to prepare for a cost audit in India [2025], from CRA-1 record keeping to CRA-4 MCA filings. With sector-specific insights, audit timelines, and common pitfalls to avoid, it helps businesses stay compliant under Section 148 of the Companies Act. Download the free Cost Audit Checklist 2025 and learn how SSCOIndia.com offers end-to-end support for audit readiness, XBRL filing, and cost reduction. Whether you're in pharma, FMCG, or manufacturing—get audit-ready the smart way.
Introduction: Cost Audit Preparation Starts Here If your company operates in manufacturing, product... Read More
COST AUDIT VS FINANCIAL AUDIT GUIDE
Posted on 13 May 2025, 11:01 PM
This detailed guide explains the core differences between cost audit and financial audit, highlighting their objectives, legal provisions under the Companies Act, 2013, and sector-based applicability. Learn when your business needs one or both, understand common compliance mistakes, and explore the benefits of each audit type. Whether you operate in pharmaceuticals, tech, or manufacturing, this blog helps you make informed decisions for audit compliance in India. Plus, discover how SSCOIndia.com offers expert cost and financial audit support across Delhi NCR. Book a free consultation today.
Introduction: Audit Compliance in India — Why It Matters for Every Business In today’s... Read More