what is the regular audit fees prescribed as per bye laws

Most housing society bye-laws **do not usually fix one single “regular audit fee” amount** inside the bye-laws themselves. ### In practice The audit fee is generally: - **Paid to the statutory auditor** - **Based on the society’s size, turnover, records, and complexity** - **Approved by the society/managing committee or general body**, depending on the applicable state cooperative law/rules and the society’s internal process ### Important point For cooperative housing societies, the **auditor’s appointment and audit process** are usually governed more by: - the **State Cooperative Societies Act** - the **Rules** - directions from the **Registrar / Cooperative Department** - and the society’s approved budget/accounts process ### So, is there a prescribed audit fee in bye-laws? **Usually no fixed universal fee is prescribed in the bye-laws alone.** The amount can vary by state and by the empanelment or appointment rules applicable to auditors. ### What you should check Please verify these documents for your state: 1. Your society’s registered bye-laws 2. State Cooperative Societies Act and Rules 3. Circulars from the Registrar/Cooperative Department 4. AGM/committee resolution appointing the auditor and fixing remuneration If you tell me your **state** (for example Maharashtra, Gujarat, Karnataka, etc.), I can help narrow down the position. **Professional review note:** For a binding answer on audit remuneration, please have your society’s bye-laws and applicable state cooperative rules reviewed by a qualified auditor or cooperative law professional.