Audit fee

Dear CA clubians

 i would like to know how much statutory audit fee  will be charged for 100 crore turnover of a pvt Ltd., company, is there any ceiling limit on the audit fee payable pl. give ur most suitable information.

regards

skumar

Replies (3)

I believe there is no such upper limit for this.

There is no as such limit....but if u have brand value then u can charge 2.5-3.5 lakh for stat audit.

See, its not depends on How much is Sale or How much is profit... its totally professional miscondut of Members in practice Clause 10 Part I of First Schedule of CA Act 1949.  

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