Tax Audit
If your business turnover exceeds the prescribed limits or you’re reporting lower-than-expected profits under presumptive taxation, you’re likely required to undergo a Tax Audit under Section 44AB of the Income Tax Act. At Compliance Baba, we ensure your tax audit is handled smoothly, accurately, and in full compliance.
โ What is a Tax Audit?
A Tax Audit is a detailed examination of your books of accounts, financial records, and tax declarations conducted by a Chartered Accountant. It is mandated under Section 44AB of the Income Tax Act for individuals, firms, LLPs, and companies crossing certain turnover or income thresholds.
The auditor must prepare and file Form 3CA/3CB and 3CD with the Income Tax Department โ detailing every aspect of your financial performance and tax compliance.
๐ Whatโs Included in Our Tax Audit Service
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๐ Review of books of accounts, ledgers, and financial statements
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๐งพ Preparation of Tax Audit Report in Form 3CD
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๐ Filing of Form 3CA or 3CB as applicable
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๐งฎ Verification of turnover, expenses, depreciation, and TDS compliance
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๐ Reporting of specified financial transactions, loans, capital accounts
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๐งโโ๏ธ Filing through the Income Tax Portal with CA digital signature
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๐ฅ Delivery of final audit report and ITR Acknowledgement
๐ Who is Required to Do a Tax Audit?
Under Section 44AB, tax audit is mandatory if:
| Category | Condition |
|---|---|
| Business (Not opting 44AD) | Turnover > โน1 crore (โน10 crore if cash transactions <5%) |
| Professional (Not opting 44ADA) | Gross receipts > โน50 lakh |
| Presumptive scheme (44AD/ADA) | Declares profits lower than prescribed rates |
| Businesses opting out of 44AD | And total income exceeds the taxable limit |
๐ Due Dates for Tax Audit
| Category | Due Date |
|---|---|
| Regular Audit Cases | October 31 |
Late or incorrect filing can lead to a penalty of up to โน1.5 lakh or 0.5% of turnover, whichever is lower.
๐ก Why Choose Compliance Baba?
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โ Experienced CA Team for audit preparation and filing
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โ๏ธ End-to-end support โ from accounts review to portal filing
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๐ 100% secure and confidential data handling
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๐ Insightful feedback on financial compliance & tax saving
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๐ฐ Flat-fee pricing with zero hidden costs
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๐ฒ Regular updates, deadline tracking & post-filing support
๐ Donโt Risk Penalties โ Get Your Tax Audit Done Right
Tax audit is more than a checkbox โ itโs a critical compliance that impacts your credibility, funding, and scrutiny risk. Let Compliance Baba handle your Section 44AB Tax Audit with precision and professionalism.
๐ฉ Book your free consultation or call us



