Section 148 of CA 2013 : Section 148: Central Government To Specify Audit Of Items Of Cost In Respect Of Certain Companies
CA 2013
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Example Application of Section 148 of The Companies Act, 2013
Imagine a scenario where XYZ Manufacturing Ltd. is a company engaged in the production of steel. The Central Government, aiming to enhance transparency in the usage of resources in the steel industry, issues an order under Section 148(1) of the Companies Act, 2013. This order mandates that XYZ Manufacturing Ltd. includes detailed information about the utilization of raw materials and labor costs in their books of account.
Furthermore, due to XYZ Manufacturing Ltd. having a significant turnover, the Central Government...
Login to access all pages and read more content.
To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!