02 May 2014
Is audit report compulsory for any movie whose turnover is more than 1 crore? How do they get their books audited, as individual or as studio like UTV's name?
02 May 2014
Yes Audit is compulsory. If the earnings is in the name of studio then studio is required to b audited and if Individual then he/she is required to get his/her accounts audited.