QuestionsCategory: CA-Final Cost AuditSir, if the total turnover of a Co. is 105 Cr, which include 1 regulated sector having turnover 24 Cr and 1 unregulated sector having turnover 26 Cr, then such co. is required to conduct cost audit?
Ritesh BansalRitesh Bansal asked 7 years ago
1 Answers
Aashish JhunjhunwalaAashish Jhunjhunwala answered 7 years ago

No cost audit to take place, since the aggregate individual turnover of neither regulated sector nor non regulated sector exceeds the threshold limit of 25cr and 35cr respectively.