Tax audit limit

WHAT WILL BE  THE PUNISHMENT VIOLATION OF LIMIT OT TAX AUDIT  OF 60 

Replies (2)

You have to face disciplinary action from our institute.  Already the IT department submitted the name of auditors wha have signed more than 60 tax audit cases to our institute and at any time those auditors can get notice from our institute.  Don't sign more than 60 cases.

Income Tax department should also develop their software system which protect to upload tax audit if limit have already exceed.Dont know Ca will get punishment or not but what about those client whose signature will be invalib bcz as per rule appointment of auditor is invalid if limit exceed

Regards,

Amit Jha

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