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Weavers Co-operative societies are exempted from payment of audit fee until it has competed the ?

A1st Co-operative year from the date of registration

B3rd Co-operative year from the date of registration

C5th Co-operative year after its commencement of business

D6th Co-operative year after its commencement of business

Answer:

D. 6th Co-operative year after its commencement of business


Related Questions:

--- is defined as the close examination of financial transaction, overdue debts if any, maintenance of books of accounts, documents and other records of a business, preparation of audit reports.
If any doubt arises as to which of the categories, a particular society is to be included for the purpose of calculation of audit fee, the matter shall be decided by the ?
Which is the basic statement taken for the preparation of Final Accounts of a Co-operative Society?
Audit manual should be revised by DCA every ____ years.
The officer responsible for the custody of records is punishable for non-production of records for audit under Section ______ of the Kerala Co-operative Societies Act, 1969.