Accurate Reporting. Strong Compliance. Reduced Risk.
A tax audit ensures that your financial records comply with the provisions of the Income Tax Act. When your turnover crosses the prescribed limits, a tax audit becomes mandatory. More importantly, it ensures that income is correctly reported and tax liability is properly calculated.
We help businesses complete their tax audit efficiently, accurately, and on time.
We help businesses complete their tax audit efficiently, accurately, and on time.
What is a Tax Audit?
A tax audit is conducted under Section 44AB of the Income Tax Act. It involves examining books of accounts to verify that income, expenses, deductions, and taxes are properly reported.
The audit report is submitted electronically to the Income Tax Department within the prescribed deadline.
The audit report is submitted electronically to the Income Tax Department within the prescribed deadline.
Who is Required to Get a Tax Audit?
Tax audit is applicable to:
- Businesses exceeding prescribed turnover limits
- Professionals crossing specified gross receipt limits
- Businesses opting for presumptive taxation but not meeting conditions
- Entities required under specific provisions of Income Tax law
If you’re unsure whether your business qualifies, we help assess your eligibility.
- Our Tax Audit Process
Preliminary Review
Understanding your business operations, turnover, and tax structure.
Examination of Books
Verification of income, expenses, fixed assets, depreciation, and compliance records.
Identification of Disallowances
Reviewing expenses that may not be allowed under tax provisions.
Reporting
Preparation and filing of the tax audit report in prescribed formats.
Return Filing Support
Ensuring alignment between tax audit report and income tax return.
Our process
01.
Scope of Our Services
- Review of books of accounts
- Compliance check under Income Tax provisions
- Reporting under Form 3CA / 3CB and 3CD
- Verification of deductions and exemptions
- Identification of tax exposure areas
- Filing of audit report within due dates
02.
Why Proper Tax Audit Matters
- Prevents penalties for non-compliance
- Reduces risk of scrutiny and notices
- Ensures accurate reporting of taxable income
- Strengthens financial credibility
- Improves financial discipline within the organization
A well-conducted tax audit protects your business from avoidable disputes.
03.
Why Work With Us?
- Detailed review and practical insights
- Timely completion before statutory deadlines
- Clear explanation of tax positions
- Proper documentation and compliance support
- Assistance in responding to departmental queries
We focus on accuracy, clarity, and minimizing compliance risks.
Stay Compliant and Confident
If your business is due for a tax audit, or if you want clarity on your audit obligations, we’re ready to help.
Get in touch today to schedule your tax audit consultation.
