Under section 148(6) of the Companies Act, 2013, a company must furnish the Central Government with a cost audit report prepared pursuant to a direction under section 148(2), along with full information and explanation on every reservation or qualification, within thirty days from receipt of a copy of the report. This page explains that statutory trigger and period; it does not state the form, electronic filing route or XBRL mechanics.
Receipt starts the statutory period
Section 148(6) starts the period on receipt of a copy of the report. It applies to a cost audit report prepared pursuant to a direction under section 148(2), and requires the report to be furnished to the Central Government with full information and explanation on every reservation or qualification. The cited provision does not say that the period runs from appointment or year-end.
A practical records checklist can capture the date the company received the report and the accompanying explanations. The company should verify any additional filing mechanics against the applicable official rules and forms; those mechanics are not established by the statutory text cited here.
Check your position first
For an internal tracking note, record the following. The table is not a prescribed form.
The receipt date, the reservations or qualifications and the explanations reflect section 148(6) of the Companies Act, 2013; the financial year identifies the report; the last is a reminder to verify any separate filing mechanics from their official source.
Confirm the applicable filing format
The source text reviewed for this article establishes the section 148(6) deadline and required explanations, but does not establish a form number, portal workflow, XBRL requirement or any separate clock for another filing. Confirm the applicable current form and instructions from the official rules before filing.
Do it in order
- Record receipt of the report copy so the statutory trigger is evidenced.
- Track the thirty-day period from that receipt date for a report under section 148(2) of the Companies Act, 2013.
- Prepare full information and explanations for every reservation or qualification in the report.
- Verify any further filing steps against applicable official rules and forms; the Companies Act, 2013, section 148(6) does not establish their mechanics.
Worked example: tracking a receipt
Illustration only: if a company receives a copy of a report prepared under a direction under section 148(2) of the Companies Act, 2013, section 148(6) measures the thirty-day period from that receipt. This example does not calculate a filing date or address counting rules, holidays or extensions; confirm those questions from the applicable official text.
The provision text cited here supplies the trigger and period, but not a calendar computation for a particular receipt date.
Explain each reservation or qualification
Section 148(6) requires the company to furnish full information and explanation on every reservation or qualification contained in the report. The provision does not prescribe board approval, minutes, or a cost auditor confirmation of those explanations. As a practical preparation step, map each explanation to the corresponding reservation and retain the supporting records; check any further procedure in the applicable official rules.
Form and filing route
The Companies Act, 2013, section 148(6) text quoted here does not name CRA-4, prescribe XBRL, or set technical validation steps. Verify the current form, filing route and validation instructions against their official operative source before acting.
Internal review
A company may use an internal review before submitting its explanations, but section 148(6) as quoted here does not itself require a board meeting, a board minute or a review within the first fortnight. Treat any internal approval process as governance practice unless another applicable official provision establishes a legal requirement.
If the window is missed
Section 148(8) of the Companies Act, 2013 states that a default in complying with section 148 is punishable under the specified subsections of section 147: subsection (1) for the company and every defaulting officer, and subsections (2) to (4) for a defaulting cost auditor. This article does not state penalty amounts, additional filing fees, extensions or a cure procedure; check the current official provisions before advising on a default.
FAQ
30 days from appointment?
For a report prepared pursuant to a direction under section 148(2), section 148(6) of the Companies Act, 2013 measures thirty days from receipt of a copy of the report.
Qualifications — file bare?
Section 148(6) of the Companies Act, 2013 requires full information and explanation on every reservation or qualification; it does not itself prescribe board review.
XBRL — when to validate?
The cited section 148(6) of the Companies Act, 2013 does not establish an XBRL requirement or validation timetable; verify the applicable official filing instructions.
Window missed — cure?
Section 148(8) of the Companies Act, 2013 refers to consequences under specified subsections of section 147. Check the current text and facts; this article does not calculate a penalty or prescribe a cure.
Board review — before or after filing?
Section 148(6) does not itself require a board review or minute. Check any separate governance requirement applicable to the company.
Sources
- Companies Act, 2013, section 148(6) (report and explanations within thirty days of receipt for a report prepared under section 148(2)).
- Companies Act, 2013, section 148(8) (default consequences by reference to section 147(1) and section 147(2)–(4)).
- Confirm the current form and filing mechanics against the applicable official rules; they are not established by the provisions quoted here.
What to send for a review
For a source review, gather the report copy, evidence of its receipt date, any reservations or qualifications, and the explanations prepared for them. Confirm separate form and filing requirements from their applicable official sources.
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