Requirement of cost audit
This query is : Open
20 October 2016
hii..please describe the conditions in which cost audit is required for pvt.ltd.co.
22 October 2016
as per rule 4 of cost audit rules, every company specified in rule 3 A of cost audit rules shall gets cost audit if the overall turnover of the company from all of its products and services during immediately preeceding financial year is 50 crore or more and agregate turnover from indivisual products or services is 25 crore or more. (for item A)
and for item B , IF THE OVERALL TURNOVER OF THE COMPANY FROM ALL OF ITS PRODUCTS AND SERVICES DURING IMMEDIATELY PREECEDING FINANCIAL YEAR IS 100 CRORE OR MORE AND FROM SINGLE PRODUCT OR SERVICE IS RUPEES 25 CRORE OR MORE
and for item B , IF THE OVERALL TURNOVER OF THE COMPANY FROM ALL OF ITS PRODUCTS AND SERVICES DURING IMMEDIATELY PREECEDING FINANCIAL YEAR IS 100 CRORE OR MORE AND FROM SINGLE PRODUCT OR SERVICE IS RUPEES 25 CRORE OR MORE
05 December 2016
Ms Pooja plz provide me your email address I will mail you a tool for checking cost audit in any company...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
