Cost audit

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112 Points Joined January 2019
provision of section 148 is applicable for foreign company?
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On 02 November 2019 at 16:03 Report
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159 Points Joined December 2016
Yes, As per Rule 3 of Companies(Cost records and audit) Rules, 2014 it is told that for the purpose of Section 148(1) class of companies includes foreign companies as defined in section2(42) of the Act.
Hope it helps.
-Sai Chandu Reddy
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On 04 November 2019 at 01:00
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42 Points Joined December 2019
Yes, provisions of section 148 are applicable for foreign companies also
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On 06 December 2019 at 23:29


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