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celling limit for audit

This query is : Resolved 


i want to know that is there any amendment in celling limit of audit(No of companies) if amended than how much


No Amendment

Maximum 20 Public companies ( not more than 10 companies having paid up capital 25 lakhs) Excluding Private companies, Sec25 companies, and Branch audits

No amendments

As per ICAI 40 audits all put togather

As per ICAI, overall 30 audits including private company audits. and not 40

40 is tax audit

45 is tax audit

45 tax audits

in that you also repeated

so what is this

45 is tax audit limit

but there is que. on audit of company

There was a wrong answer given for tax audit and the same is corrected and no repition is there in this.

You could check the answer itself.

ANd repitition is by devanshi repiting after 8 months..

Agree with Aditya ji.
He rightly corrected. But dont understand reply of Anoop ji.

Nice analysis of my replies.

Itna toh maine bhi nahi kiya hoga.

It is requested to you to keep ur replies limited to queries which are open and if something wrong is there in the reply to correct the same and the expert will accept it without any hesitation.

Tax Audit Limit - maximum 45

Now it is 60 [for ay, 2014-15]

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