can any one provide me detail information on sec 224(1b)- ceiling on no. of audits
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ceiling on no. og audits
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A CA can accept 20 audit assignments... of which not more than 10 companies should b with more than capital of 25 lacs....
further the following audits r not considered in the limits:
1. Audit of branches
2. Audit of companies u/s 25
3. Audit of foreign companies
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