Is tax audit signed by us at the time of statutory branch bank audit is inclusive of remaining no. of tax audits (i.e.45 audits per C.A.)?
Akshay Deo
4 Replies
Suraj S
(Audit Executive)
(335 Points)
Replied 07 July 2011
No. The limit specified in Companies Act regarding no. of audits that can be taken up by a CA is exclusive of bank audit. So naturally, in fixing the limit of no. of tax audits bank audit will not be considered.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 07 July 2011
| Originally posted by : Suraj (Thirsty for KNOWLEDGE) | ||
 |
No. The limit specified in Companies Act regarding no. of audits that can be taken up by a CA is exclusive of bank audit. So naturally, in fixing the limit of no. of tax audits bank audit will not be considered. |
 |
amit jain
(Chartered Accountant)
(532 Points)
Replied 08 July 2011
bank audit is not considered for no. of audits
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