Company Audit

This query is : Resolved 

19 March 2010 There is the limit on the total number of Company audits u/s. 224 (1B), I would like to ask whether the Audit of a NON PROFIT MAKING COMPANY will be counted for the purpose of Ceiling under above mentioned saction.

19 March 2010 if auditor has all his client companies each of which has a paid up share capital less then Rs.25 Lacs twenty such client one can have at a time.

19 March 2010 I think NON PROFIT MAKING COMPANY are include in Ceiling Limit.


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