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Limit of 45 audit

Statutory Audit 1363 views 3 replies

Dear colleague

whether audit   u/s 44AD ( amendment)  will be included in limit of 45 audit  as per  ICAI guideline???????

Replies (3)

tax audit is maximum 45 including company audit tax audit

 

but if a company's turnover is less than 60 lakhs then it is not included in the above 45 audit

Originally posted by : mayankpatel802002

Dear colleague

whether audit   u/s 44AD ( amendment)  will be included in limit of 45 audit  as per  ICAI guideline???????

Audit of accounts of persons carrying on business covered by sections 44AD, 44AE OR 44AF is not not included in the aforesaid limit - as per council decision.

Tax audit guidance note attached herewith.

thanx deepak for info.


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