Tax Audit Fees

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NASM13

Article Clerk

62 Points Posted on 23 August 2010

Hi Fellow Members

Have started my own practising firm. (tax consulting)

Can someone give me the details of fees charged to various clients. Tax Audits, internal audits, society audit and other statutory audits. How much for filing different returns. Can some one give in detail a chart showing fees structure of various services offered by Chartered Accountants.

How much should be charged for tax audit of a firm having a turnover of 1 crore.

Regards

Replies (2)

BHAGYESH RAVANGE

C.A Job

1173 Points Posted on 23 August 2010

Dear Naveed,

It's really good to know that you have started your own practice!!

Further as regards to fees there is no protocol for charging fees to clients except in case of co-operative housing societies audit of which allocated by ICAI.

Generally fees is levied based on number of hours put in the work/assignment.

Would also like to remined you to change your status from article to a proud Chartered Accountant .