https://www.taxtmi.com/news?id=51225 The Institute prescribed a cap of 60 tax audit assignments per member on a financial year basis, aggregating audits signed individually and as a partner; the cap is non-distributable among firm partners. Exemptions apply for tax audits arising from specified presumptive taxation categories, and revised tax audit reports are excluded from the reckoning. The rule applies to tax audits under the income-tax audit provisions from the stated implementation date and will remain until further notice. en-us Fri, 01 Aug 2025 14:23:24 +0530 Fri, 01 Aug 2025 14:23:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51225 The Institute prescribed a cap of 60 tax audit assignments per member on a financial year basis, aggregating audits signed individually and as a partner; the cap is non-distributable among firm partners. Exemptions apply for tax audits arising from specified presumptive taxation categories, and revised tax audit reports are excluded from the reckoning. The rule applies to tax audits under the income-tax audit provisions from the stated implementation date and will remain until further notice. News - Fri, 01 Aug 2025 14:23:24 +0530 https://www.taxtmi.com/news?id=51225