Appointment of cost auditor
CHINNAPA REDDY (PROPRIETOR) (30 Points)
28 June 2016
whether Chartered Accountant appointed as a Cost Auditor.
5 Replies
CA. Karthik Reddy MNS
(Practicing Chartered Accountant)
(92 Points)
Replied 28 June 2016
No,Chartered Accountant can't be appointed as cost auditor as per section 148 of Companies Act,2013.
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 28 June 2016
Section 148(3)of companies act, 2013 provides that The audit under section 148(2) shall be conducted by a cost accountant in practice who shall be appointed by the Board on such remuneration as may be determined by the members in such manner as may be prescribed.
CHINNAPA REDDY
(PROPRIETOR)
(30 Points)
Replied 28 June 2016
it's ok thanking you for spending your valuble time
CA Sai Kiran Gajavalli
(Self employed)
(77 Points)
Replied 29 June 2016
A member of ICMAI who is in whole time practice can be appointed as Cost Auditor
Recent Topics
- Rebate 87A not getting
- Income Tax Rectification-TDS not claimed in ITR
- Gst Amendment HSN summary
- Unable to get some value eligible for claim in old
- Tax payment adjustment
- Accounting in Fintech companies
- Section 80DD Deduction Filing Error
- Which Form I have to fill - ITR1 or ITR2
- INTEREST EARNING IN USD AND JPY FCNR REPORTING IN
- ONLING FILLING ITR2 FOR PENSIONOR
Related Threads
Trending Online Classes
CAclubindia
