Difference in scope of statutory audit and tax audit
Querist : Anonymous
can a co.appoint two different auditor i.e one each statutory and tax auditor
how i will compute the ceiling limit in this case
as per ICAI GUIDELINES the ceiling limit of audit is 45.can any one explain this how much co audit and tax audit a ca can sign.
Company Can Appoint Diffn Auditor for Both.
A CA Can do 45 Tax Audits.
But Co Act Ceiling Limit of 30 (Not Exceed 20 Public Company >25Lacs)
Read Both Separatelly.
Means CA Cant Braek Any of The Rule.
The Worst Case Will Be Applicable to CA.
as Per CA Act
A Per Co Act
Querist : Anonymous
(whether pvt or public ) and i appointed as tax auditor ,then will it not counted in my co. audit limit or tax audit
It ill also Counted in Companies act defination 30 limits both
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