No. of Audit

20 Pubilc Co. audit max for a  C.A.

An Audit of a pvt co. is excluded while computing the ceiling limits u/s 224 (1B). However as per ICAI notification a CA can accept a maximum of 30 audits including the audit of Pvt. Co.

Non-observance of this ceiling would amount to professional minconduct.

The ICAI limit is amended now. A CA can accpct 45 audits.

Please confirm by whch amendment it has become 45.

 20 in case of publice acc to celling limit

 There is no amendment w.r.t. the limit for statutory audits. As per ICAI regulations the limit is of 30 audits. However there has been an amendment w.r.t. to Audits under Income Tax Act, which has been increased from 30 to 45.