Concurrent audit requirement for multi State co operative societies exceeding central thresholds; auditors must come from Central Registrar's approved panel. Section 70A requires that multi State co operative societies whose annual turnover or deposits exceed amounts determined by the Central Government must ... Summary
Concurrent audit requirement for multi State co operative societies exceeding central thresholds; auditors must come from Central Registrar's approved panel.
Section 70A requires that multi State co operative societies whose annual turnover or deposits exceed amounts determined by the Central Government must undergo concurrent audit, and that such audit be carried out by an auditor appointed from a panel approved by the Central Registrar.
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