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Cost audit
provision of section 148 is applicable for foreign company?
Replies (2)
Yes, As per Rule 3 of Companies(Cost records and audit) Rules, 2014 it is told that for the purpose of Section 148(1) class of companies includes foreign companies as defined in section2(42) of the Act.
Hope it helps.
-Sai Chandu Reddy
Hope it helps.
-Sai Chandu Reddy
Yes, provisions of section 148 are applicable for foreign companies also
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