CA NeWs Beta*: Audit limit of 20 audits per professional has been done away with in case of One person company, Dormant Company and Private ltd company

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Sunday, June 7, 2015

Audit limit of 20 audits per professional has been done away with in case of One person company, Dormant Company and Private ltd company

MCA released exemption notification for Private Limited Companies

Audit limit of 20 audits per professional has been done away with in case of One person company, Dormant
Company and Private ltd company whose paid up capital does not exceed Rs 100 crores

The number of other exemptions have also been notified


http://www.mca.gov.in/Ministry/pdf/Exemptions_to_private_companies_05062015.pdf

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