
Prateek Garg & Company
June 18, 2025 at 05:49 AM
ICAI Likely to Cap Tax Audits at 60 per Partner from FY27
ICAI plans to restrict each CA partner to a maximum of 60 tax audits annually starting FY27. The move aims to curb audit concentration among a few senior partners and ensure quality reporting. This limit, however, excludes audits arising under statutory I-T provisions and cannot be transferred among partners in a firm.
#icai #taxaudit #charteredaccountant #auditlimit #caregulations
