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Countable file

Posted by shiva 5 months ago

Auditing

Please explain countable and non countable file for auditing according ICAN.

1 Answers

Answered by Kaushal Raj Kandel 1 month ago

For a private limited company transaction below 50 lac is non countable and for all other types transactions below 1 cr is non countable. All other files except those are countable. Any auditor can only sign 100 countable files in a year.

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