Appointment of cost auditor

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Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2013 Dear All,

For last two A is cost auditor of the company, now we want to appoint B as cost auditor of the company for the Financial year 2013-14, should be given reason in form 23C. This change is required as service given by present cost auditor was below mark.

Thanks

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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20 June 2013 The name of Old Cost Auditor and the reasons for change need to be given in form 23C.

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Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2013 Thanks for reply
Board of Director decision to change the cost auditor is sufficient reason or not

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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20 June 2013 Ya it may be. However, central govt. may ask for further reasons. You have to specifically write some practical reasons.

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