Specialized tax audit services under the Income Tax Act to promote financial accuracy, legal conformity, and long-term tax efficiency.
A tax audit is a review of a taxpayer’s financial records to ensure accuracy and compliance with the provisions of the Income Tax Act. It is mandatory for businesses and professionals whose turnover exceeds specified limits. The audit is conducted by a Chartered Accountant, who submits a detailed report in the prescribed format.
We’re a team of skilled audit professionals dedicated to helping businesses and individuals navigate tax regulations with precision, offering customized strategies and reliable guidance to ensure compliance and financial clarity.
Our team of seasoned tax professionals ensures your business adheres to all tax laws and audit requirements. We stay updated with the latest regulatory changes to protect you from penalties and scrutiny. You gain peace of mind knowing your filings are accurate, timely, and fully compliant.
We go beyond numbers to uncover insights that optimize your tax position and financial planning. Our audit process identifies discrepancies, potential risks, and savings opportunities. This helps strengthen your financial strategy and supports informed decision-making.
We offer tailored audit services based on your unique business structure and industry needs. With clear communication and thorough documentation, you stay informed at every step. Our client-first mind-set ensures trust, accountability, and long-term support.
Customized to deliver tax audit assurance that grows with you, supporting every milestone in your financial journey.
We begin by gaining a thorough understanding of your business structure, operations, and industry specifics to ensure relevant audit procedures.
All books of accounts, financial statements, and related documents are examined to verify accuracy and completeness.
We assess compliance with applicable provisions under the Income Tax Act, including limits, deductions, and reporting requirements.
Critical tax positions and computations are reviewed for correctness, consistency, and adherence to current tax laws.
Any errors, misstatements, or non-compliance issues are identified and discussed for necessary corrections or disclosures.
We prepare the audit report in the prescribed Form 3CA/3CB and 3CD with all required details, disclosures, and annexures.
Draft reports are shared for client review. Clarifications are discussed, and final reports are prepared after confirmation.
The finalized tax audit report is electronically filed with the Income Tax Department within the prescribed due date.
The tax audit report must be filed on or before 30th September (or as notified) of the relevant assessment year.
Key documents include books of accounts, financial statements, bank statements, tax returns, invoices, and supporting schedules for deductions and expenses.
Form 3CD is a detailed statement of particulars that must be furnished along with the tax audit report. It includes specific information about income, deductions, loans, and other tax-related disclosures.
Yes, a tax audit report can be revised if there is any genuine error or omission, but only under certain conditions and within the prescribed time frame.
