Tax Audit Limit Increased From 45 to 60 for audits

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  1. Tax Audit Limit Increased From 45 to 60 for audits
    conducted during the financial year 2014-15 and
    onwards. - (11-02-2014)
    The Council of the Institute at its 331st meeting
    held from 10th to 12th February, 2014 has
    decided to increase the "specified number
    of #TaxAudit assignments" for practicing
    Chartered Accountants, as an individual or as a
    partner in a firm , from 45 to 60. The said limit
    will be effective for the audits conducted during
    the financial year 2014-15 and onwards
     
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