Celling limit of audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 December 2014
sir a ca can do 60 tax audit from f.y. 2014-2015
as per icai tax audit as well as statutory audit of company (including pvt co.) is 30
but as per companies act 20
for example:
a ca do 60 tax audit (40+ 20 audit of pvt co.)
can he accept or not 10 more audit (below 1 croes ) of pvt co.
as per icai tax audit as well as statutory audit of company (including pvt co.) is 30
but as per companies act 20
for example:
a ca do 60 tax audit (40+ 20 audit of pvt co.)
can he accept or not 10 more audit (below 1 croes ) of pvt co.
02 December 2014
Limit of 60 is for Tax Audit. It does not include Statutory Audit as per Companies Act 2013. See below link--
https://www.icai.org/post.html?post_id=10354
https://www.icai.org/post.html?post_id=10354
Rupesh Jain
(Expert)
03 December 2014
limit of 60 only for tax audit not include any other audit.
03 December 2014
agreed with sanjay bhai........................
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