About cost audit u/s 148

Ankur (na) (252 Points)

23 May 2014  

Hello everyone

I have a query . please help me to solve it

The section 148 of new companies act is about cost audit which replaces section 233B of old act.

My questions are these?

1. are the cost audit rules 2011 also repealed now? if yes are there any other cost audit rules notified under new act or are yet to be notified?

2. If no then are the cost audit rules 2011 still be appropriate and useful for conducting cost audit u/s 148 of new act

Thanking in anticipation