Nidhi | Apr 28, 2025 |
What is the Minimum Fee Charged by CA For Tax Audit?
Fees that Chartered Accountants (CAs) levy for tax audit and other related services in India are suggested by the Institute of Chartered Accountants of India (ICAI). Though not mandatory, they serve as a guide to ensure that Chartered Accountants receive appropriate remuneration for their efforts. ICAI has prescribed a minimum fee for tax audits, which depends on the city classification, i.e., Class A, B, or C and the complexity of the work. Let us understand the rates through the table given below.
Class ‘A’ Cities (Rs.) | Class ‘B’ Cities (Rs.) | Class ‘C’ Cities (Rs.) | |
Principal | 18,000/- & above per day | 12,000/- & above per day | 8,000 and above per day |
Qualified Assistants | 10,000/- & above per day | 7,000/- & above per day | 5,000 and above per day |
Semi-qualified Assistants | 5,000/- & above per day | 4,000/- & above per day | 3,000 and above per day |
Other Assistants | 3,000/- & above per day | 2,000/- & above per day | 1,000 and above per day |
Class ‘A’ Cities (Rs.) | Class ‘B’ Cities (Rs.) | Class ‘C’ Cities (Rs.) | |
Tax Audit | 40,000 and above | 30,000 and above | 22,000 and above |
Company Audit | |||
Small Pvt. Ltd. Co. (Turnover upto Rs. 2 crores) | 50,000 and above | 35,000 and above | 25,000 and above |
Medium Pvt. Ltd. Co./ Public Ltd Co. | 80,000 and above | 55,000 and above | 35,000 and above |
Large Pvt. Ltd. Co./ Public Ltd Co. | Fees to be charged based on complexity and time | Fees to be charged based on complexity and time | Fees to be charged based on complexity and time |
Review of TDS Compliance | 25,000 and above | 18,000 and above | 12,000 and above |
Transfer Pricing Audit | Fees to be charged based on complexity and time | Fees to be charged based on complexity and time | Fees to be charged based on complexity and time |
The above fees are just the minimum and standard amounts set by the ICAI for audits and other assignments. CAs can charge fees as per their standards.
The minimum fee suggestion of ICAI is based on the following factors:
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