Limit on tax & statutory audit
This query is : Resolved
Ankit Kumar Daga
(Querist)
20 May 2015
Kindly tell me the limit on the number of Statutory & Tax Audit assignments which can be undertaken by an ca in practice.
20 May 2015
Audit Limit of 60 for Tax Audit.
As per Sec 141(3)(g),An individual or a partner of a firm shall not be eligible to act as statutory auditor of more than 20 companies …companies means private and
public companies both.
As per Sec 141(3)(g),An individual or a partner of a firm shall not be eligible to act as statutory auditor of more than 20 companies …companies means private and
public companies both.
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