44 AB Audit


This query is : Resolved 

22 March 2008 Is there any restrictions on holding audits under Section 44 AB of the Income Tax Act, 1960 ?

Is it clash with the number of company audits, under the Companies Act, 1956.

Pls assume the case may be for an individual practising Chartered Accountant.....

22 March 2008 it is different from given in co.law
it is 50

22 March 2008 ICAI INCREASED THE LIMIT OF TAX AUDITS FROM 30 TO 45 PER IND. CA OR PARTNER IN A FIRM.
COMPANY 'S ACT DOES NOT TALK ABOUT TAX AUDIT LIMIT.
R.V.RAO


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