Kindly let me know is there any upper limit fixed for chartered accountants to do tax audit. I am versed with Statutory audit limits. Tax Audit of partnership firm, pvt. ltd. compnies etc, needs clarification.
24 September 2009
Totally you can do 45tax audits in a year commencing from 1st april to 31st march. It includes individuals, firms, aops, companies where turnover exceeds rs.40Lakhs in case of trading concern and rs.10Lakhs in case of professional firms.
CAclubindia
