Tax Audit (Section 44AB)

If your business turnover crosses the threshold under Section 44AB, a tax audit is mandatory. We review your books, verify compliance with tax provisions, and file the audit report within the statutory deadline - missing this deadline carries a direct penalty, so we build in buffer time rather than working to the wire.

Statutory Audit

Required for companies and certain other entities under the Companies Act, statutory audit is an independent examination of your financial statements to confirm they present a true and fair view.

We handle the full cycle - planning, fieldwork, and the final audit report.

Internal Audit

An internal audit isn’t about compliance - it’s about finding weaknesses in your processes and controls before they become losses. We review operational and financial controls and deliver practical, prioritized recommendations, not just a findings list.

Concurrent Audit of Banks

For banks and NBFCs requiring ongoing, real-time transaction review under regulatory guidelines.

See our Dedicated concurrent audit page for the full scope of this service.

Key Audit Terms and Forms

These terms come up most often in audit work. Knowing them helps you check the scope of an audit and ask the right questions.

• Section 139 (appointment of auditor): the rule for appointing a company's auditor, including the term and the approval process.
• Section 143 (auditor's powers and report): the rule that sets out what an auditor must examine and report on in the audit report.
• Section 143(12) (reporting of fraud): the duty of an auditor to report suspected fraud involving officers or employees to the authorities.
• CARO 2020 (Companies (Auditor's Report) Order, 2020): the order that requires auditors of certain companies to report on specified matters in the statutory audit.
• Section 44AB (tax audit): the requirement for certain businesses and professionals to get their accounts audited when turnover or receipts cross the prescribed limits.
• Form 3CA and Form 3CB: the tax audit report, used where the accounts are audited under another law (3CA) or where the business is not otherwise required to be audited (3CB).
• Form 3CD: the statement of particulars attached to the tax audit report.
• Standards on Auditing (SA): the auditing standards issued by the Institute of Chartered Accountants of India, which our audits follow.

Thresholds, forms and due dates change over time. Confirm the position for your business before you file. Contact us and we will check.