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How many no.of max. audit done by a CA ?

Tarun Kumar (student) (165 Points)

11 June 2011

Can any one tell me how many number of tax audit a ca can do?

Is there any notification is in force for limitiation of number of audit?

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11 Replies

SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
Replied 11 June 2011

As per my view now the Audit limit is 45 for for a CA....

& lets see what other sayyyyyyyy

rachit jain (chartered accountant ) (635 Points)
Replied 11 June 2011

I don't think there is any limit on tax audit.

(Guest)

UNDER CA ACT, 1949, THERE IS A LIMIT ON TAX AUDIT (ONLY FOR THE AUDITS CONDUCTED UNDER SEC. 44AB OF THE INCOME TAX ACT, 1961) WHICH IS 45 IN A FINANCIAL YEAR. IT MAY BE NOTED THAT THE INCOME TAX ACT IS SILENT ABOUT THE LIMIT.

1 Like

rahul (Chartered Accountant) (5570 Points)
Replied 11 June 2011

Originally posted by : destinyfan
	UNDER CA ACT, 1949, THERE IS A LIMIT ON TAX AUDIT (ONLY FOR THE AUDITS CONDUCTED UNDER SEC. 44AB OF THE INCOME TAX ACT, 1961) WHICH IS 45 IN A FINANCIAL YEAR. IT MAY BE NOTED THAT THE INCOME TAX ACT IS SILENT ABOUT THE LIMIT.

correct.. ICAI provided just to give security to other members.

Rajnikant Vadigoppula (CA, CS And CMA Final) (919 Points)
Replied 11 June 2011

yes i agree with destiny fine

Armman (student) (194 Points)
Replied 12 June 2011

only 45 tax audit per CA ,so if ther is partnership firm then no of tax audit = 45 * No of partner.....

@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) (5270 Points)
Replied 15 June 2011

mr rachit jain u r wrong,,,, maximum tax audit limit is 45 agree with all of them

Naveen.N (student) (1021 Points)
Replied 01 August 2011

As per ICAI notifications 45 Tax audits

CS,CA F,Numrologi TusharSampat (CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert) (85930 Points)
Replied 01 August 2011

Originally posted by : destinyfan
	UNDER CA ACT, 1949, THERE IS A LIMIT ON TAX AUDIT (ONLY FOR THE AUDITS CONDUCTED UNDER SEC. 44AB OF THE INCOME TAX ACT, 1961) WHICH IS 45 IN A FINANCIAL YEAR. IT MAY BE NOTED THAT THE INCOME TAX ACT IS SILENT ABOUT THE LIMIT.

AGREED.

mounika (semi qualified chartered accountant) (981 Points)
Replied 02 August 2011

icai limits no.of audits to be by a c.a. incase of tax audits it is 45. and in case of public company audits its 20 in which auditor can accept only 10 audits in which cap xceeda 25lacs. other private company, branch audits etc can de limited to 10. so overall limit is 30 for an individual.

mannoj (striving for success) (501 Points)
Replied 02 August 2011

Originally posted by : mounika
	icai limits no.of audits to be by a c.a. incase of tax audits it is 45. and in case of public company audits its 20 in which auditor can accept only 10 audits in which cap xceeda 25lacs. other private company, branch audits etc can de limited to 10. so overall limit is 30 for an individual.