Ceiling on number of audits

This query is : Resolved 

08 July 2009 while calculating the ceiling on number of audits under section 224(1B), whether audit of any government company is also to be considered????


09 July 2009 Yes, while calculating the ceiling on number of audits under section 224(1B), audit of any government company is also required to be considered.

Regards


09 July 2009 AUDIT EXCLUDED ARE:

1. Audit of Pvt. Company.
2. Audit of Guarantee company having no share capital. (DCA Letter 8/12(224)/74-CL-V, datetd 28.09.1974)

3. Audit of foreign company.
4. An internal audit.
5. Audit of co-operative society, trusts.
6. Taxaudit under income tax act, 1961.
7. Special Audit & investigation.
8. A branch Audit as per DCA Clarification.

Regards

11 July 2009 thank you sir


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details