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 Limit on Number of Tax Audits (effective from 1.4.2026)
 Auditing and Assurance Standards Board - Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects.
 Draft Panel for Appointment/ Re-appointment of Statutory Auditors of State Co-operative Banks (Stccbs) and Central Co-operative Banks (Ccbs) for the Year 2025-26.
 Commencement of Live Virtual Classes for the students of CA. Final course appearing in May 2026, September 2026 and January 2027 Examinations.
 Information Systems Audit - Assessment Test (ISA - AT), July 2025
 Advanced ICITSS -Adv. Information Technology Test Computer Based Mode (CBT) Schedule May, Jun, Jul, Sep, Oct, and Nov 2025
 Auditing and Assurance Standards Board Online Panel of Experts for addressing Bank Branch Audit related queries
 Results of the Chartered Accountants Intermediate and Foundation Examinations held in January 2025 declared.
 Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A, B, C & D)
 Will deadline for income tax filing change in the new Income Tax Bill?
 Result of the Chartered Accountant Final Examinations held in November 2024 is likely to be declared on Thursday, the 26th December 2024 (Late evening) - (20-12-2024)

Limit on Number of Tax Audits (effective from 1.4.2026)
July, 31st 2025

 

Direct Taxes Committee The Institute of Chartered Accountants of India

30th July, 2025

 

Public Announcement

Limit on number of tax audits (effective from 1.4.2026)

In order to ensure the quality of tax audit, the Council of the Institute has, at its 442nd meeting held on 26th and 27th May, 2025 and its 443rd meeting held on 30th June, 2025 and 1st July, 2025, decided the limit on the number of tax audits, to be effected by issuance of new guidelines, as follows -

(i) the existing limit of 60 tax audit assignments per member to be retained, but the same shall be in respect of tax audit assignments in a particular financial year.

(ii) the said limit of 60 would be the aggregate limit in respect of all tax audits accepted and signed by a member, both in his individual capacity and as a partner of a firm(s). In other words, an individual member cannot sign more than 60 tax audit reports in a financial year.

(iii)  the limit on number of tax audit assignments per partner in a CA Firm cannot be distributed/or shared between the partners.

(iv) the limit of 60 would, however, not apply to tax audit assignments arising out of the requirements under clause (c), clause (d) and clause (e) of section 44AB, in relation to persons covered under section 44AE, 44ADA and 44AD, respectively.

(v) in the case of revision of tax audit report, the revised tax audit report shall not be taken into account for the purpose of reckoning the said limit of 60.

These changes shall be effective for the tax audits under section 44AB of the Income- tax Act, 1961 from 01st April, 2026 and shall continue to be in force until further orders.

Detailed Guidelines are hosted on ICAI website and are accessible at: https://resource.cdn.icai.org/87307dtc-aps1799-gazette-notification.pdf

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