Tax Audit Service
Starting from ₹15,000 + GST
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Tax Audit Service
It’s a crucial service for financial compliance and growth. A tax audit is more than just a regulatory requirement; it is a vital process that ensures your financial records align with the provisions of the Income Tax Act, 1961. Conducted by a certified Chartered Accountant (CA), a tax audit verifies that your financial statements are accurate, transparent, and compliant with all legal norms. This process is essential for businesses, professionals, and freelancers looking to avoid penalties, build trust with stakeholders, and maximize their tax savings through lawful deductions and exemptions.
By undergoing a tax audit, you not only demonstrate compliance with tax laws but also strengthen the credibility of your financial records. The audit involves meticulous checking of income, expenses, and allowances, making sure that no detail is overlooked. With the growing complexity of tax regulations, a professional tax audit ensures your business avoids legal complications while optimizing its financial management.
Whether you are a small business owner, a startup, or a professional, a tax audit can offer insights into your financial health and highlight areas for improvement, giving you the confidence to focus on growth without worrying about compliance.
Benefits of a Tax Audit
Tax Law Compliance
Accuracy Verification
Penalty Prevention
Trust & Credibility Building
Optimized Tax Savings
Error Detection & Correction
Who Needs a Tax Audit?
For Businesses
For Professionals
Non-Compliance
Tax Audit Process
Appoint a Qualified CA
Taxpayers must hire a qualified CA authorized to conduct tax audits.
Submit Financial Records
Complete financial records, including ledgers, cashbooks, and other supporting documents, must be submitted to the auditor.
Verification of Entries
The CA verifies entries related to income, expenditure, and tax relief against original documents.
Identify & Resolve Inconsistencies
Any inconsistencies or errors are highlighted, and supplementary documents may be requested for clarification.
Prepare Audit Forms (3CA/3CB/3CD)
The report is prepared using the following forms: Form 3CA: For entities audited under other laws (e.g., Companies Act). Form 3CB: For entities not audited under any other law.Form 3CD: A detailed annexure with particulars as required under tax law.
Upload Report to E-Filing Portal
The tax audit report is uploaded to the Income Tax Department’s e-filing portal along with the taxpayer’s acknowledgement.
Documents Required for Tax Audit
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Financial Statements
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Bank Records
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Tax Documents
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GST Records
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Depreciation Details
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Loan Agreements
Frequently Asked Questions
Have a look at the answers to the most asked questions.