Professional tax audit services under Section 44AB of Income Tax Act, 1961. Our qualified auditors ensure compliance, prepare Form 3CA/3CB & 3CD, and help avoid penalties for eligible businesses and professionals.
Tax audit under Section 44AB is a mandatory audit requirement for businesses and professionals whose turnover/gross receipts exceed specified limits. It involves the examination of books of account by a Chartered Accountant and submission of the audit report in prescribed forms.
Expert tax audit ensures compliance, prevents penalties, and provides accurate financial reporting
Mandatory audit under Section 44AB of the Income Tax Act, 1961
Preparation and filing of tax audit forms as per requirements
Verification of books of accounts and financial transactions
Ensure adherence to Income Tax provisions and regulations
Ensure compliance and avoid penalties with expert tax audit services
Mandatory requirement under Income Tax Act
Prevent penalty of 0.5% of turnover for non-compliance
Ensure accurate reporting of income and deductions
Legitimate tax planning within audit framework
Reduce chances of income tax notices and disputes
Maintain proper books of accounts and records
As your tax auditor, I ensure compliance with Section 44AB requirements, prepare accurate Form 3CA/3CB & 3CD, and help avoid penalty of 0.5% of turnover, subject to a minimum of ₹1,50,000. Non-compliance can lead to disallowance of expenses and higher tax liability.
Auditor's Note: Form 3CA is for taxpayers already subject to statutory audit, Form 3CB is for others. Form 3CD contains 44 reporting clauses covering all financial particulars. The audit report must be digitally signed by a Chartered Accountant.
Comprehensive Section 44AB compliance
Benefits of professional tax audit compliance
Mandatory under Income-Tax Act, 1961
Avoid 0.5% penalty of turnover (max ₹1,50,000)
Ensure correct Form 3CD filing with ITR
Identify legitimate tax deductions and savings
Reduced Scrutiny Risk
Maintain proper books of accounts
Key forms and important dates
Form 3CA
For taxpayers with statutory audit
Form 3CB
For taxpayers without statutory audit
Form 3CD
Statement of particulars (44 clauses)
Due Date
September 30 (Extended if applicable)