Action to be taken against CAs if they violate new tax audit limit rules: ICAI president
ICAI will initiate penal action against chartered accountants if they violate its new tax audit limit guidelines
Tag: Tax Audit cap to CA
Limit on number of Tax Audits on CA w.e.f 01.04.2026 onwards
The Institute of Chartered Accountants of India issued Notification No. F. No. 1-CA(7)/234/2025 dated 25.07.2025 prescribing limit on number of tax audit that a Chartered Accountant in a practice or a proprietary firm of a Chartered Accountants can file.
New tax audit limit rule for CAs to apply from April 2026: ICAI president
The Institute of Chartered Accountants of India (ICAI) will enforce from April 2026 its new guidelines on allowing a partner of an accounting firm to take up a maximum of 60 tax audits in a year, its president Charanjot Singh Nanda said on Friday.