Sir, 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?
Questions › Category: CA-Final Cost Audit › Sir, 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?
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.