Tax audit ceiling limit including or not

This discussion clarifies whether audits for trusts, specifically those under Section 12A(1)(b) using Form 10B/10BB, count towards the ICAI's limit of 60 tax audit assignments per partner. Generally, these trust audits are not considered tax audits under Section 44AB and are therefore excluded from the 60-audit ceiling. However, if a trust also conducts business and requires an audit under Section 44AB, that specific audit would be included in the limit. It's advisable to consult the latest ICAI guidelines for definitive exclusions.