Ca firm operational area

This query is : Resolved

Hello (Querist)
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15 January 2015 Hello Sir,

I wish to know, can a CA firm operate/ work/ audit any client's accounts in throughout India basis.

I mean to say, Can a Delhi based CA Firm free to work / audit the accounts books of any business organisation in UP, Bihar, WB or any other state in India ? or
The CA Firm can be illegible/ rights to give services in their regd. state only?

Secondly, how many client's accounts can audit a CA Firm in a year?

Is there any number restriction or it's free to audit any No. of client. ?

Please reply in detail.

Thanks,

Ramesh Kumar

Amol S Joglekar

Amol S Joglekar (Expert)
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15 January 2015 Yes, by all means. No any problem in that...

In fact in many of the capacity building programmes, the idea of NETWORKING is highlighted in this context only.

Secondly, No any limit for no. of client.

However under Companies Act and Income tax Act, there IS a restriction on Number of AUDITS.

Hello

Hello (Querist)
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15 January 2015 Thanks Anmol,

Now What about the No. of Audit as per Co. & Income Tax Act ?

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Amol S Joglekar

Amol S Joglekar (Expert)
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15 January 2015 you need to refer the concerned Act...
20 Companies Act

and 60 Income Tax Audits.