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Norms tightened on tax audits accountants can accept
Mint New Delhi
|July 31, 2025
The Institute of Chartered Accountants of India (ICAI) said on Wednesday it has modified the norms on the maximum number of tax audits a chartered accountant can do in a year in order to ensure quality of tax audits and prevent tax avoidance and evasion.
ICAI said certain modifications will apply to the existing limit of 60 tax audit assignments a chartered accountant (CA) can take up, effective from 1 April 2026.
This limit of 60 will now be the total tax audits a professional can accept and sign in a fiscal year irrespective of the assessment years to which the assignments relate. That is, even if the audit assignment is for an earlier assessment year, that will be counted in the total assignments accepted in a fiscal year.
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