Company Audit
This query is : Resolved
CA Huzefa Hamid
(Querist)
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.
CA Ravi Sisodia
(Expert)
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.
CA Ravi Sisodia
(Expert)
19 March 2010
I think NON PROFIT MAKING COMPANY are include in Ceiling Limit.
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