Ceiling limit of audit
This query is : Resolved
Sneha Agarwal
(Querist)
19 August 2015
I want to know the ceiling limit of both Statutory Audit And Tax Audit.
Whether we can do statutory audit as well as tax audit of same company?
Whether we can do statutory audit as well as tax audit of same company?
Amol S Joglekar
(Expert)
19 August 2015
Tax audit - 60
Statutory Audit - 20 This Limit of 20 Companies includes:-
a) Public Companies
b) Private Companies having paid up capital of Rs. 100 crore or more
statutory auditor and Tax auditor may be one and same for a Company
Statutory Audit - 20 This Limit of 20 Companies includes:-
a) Public Companies
b) Private Companies having paid up capital of Rs. 100 crore or more
statutory auditor and Tax auditor may be one and same for a Company
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