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The Institute of Chartered Accountants of India (ICAI) has notified new guidelines titled "The Chartered Accountants (Limit on Number of Tax Audits) Guidelines, 2025", aimed at regulating the number of tax audit assignments a Chartered Accountant (CA) can undertake in a financial year. These guidelines will come into effect from April 1, 2026, replacing the existing framework under the Council General Guidelines, 2008. Invoking powers under Section 15(2)(fa) of the Chartered Accountants Act, 19
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FAQ :
From April 1, 2026, a Chartered Accountant (CA) in practice or a proprietary firm can undertake a maximum of 60 tax audit assignments per financial year. For CA firms, the limit is 60 assignments per partner.
The new guidelines, titled 'The Chartered Accountants (Limit on Number of Tax Audits) Guidelines, 2025', will come into effect from April 1, 2026.
Yes, audits under Sections 44AE, 44ADA, and 44AD of the Income-tax Act, 1961, are excluded from the count. Revised audit reports and audits of head and branch offices of the same entity (treated as one assignment) are also not included.
If a CA is a partner in multiple firms, the total limit of 60 assignments applies in aggregate across all firms. Assignments taken individually by a partner also count towards this same limit.
The guidelines aim to regulate the number of tax audit assignments, enhance audit quality, reduce the concentration of audits among a few professionals, and encourage a wider distribution of assignments within the profession.
Yes, CAs will be required to maintain proper records of their tax audit assignments in a format prescribed by the ICAI Council to ensure transparency and compliance.
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