Tax & Compliances

Tax Audit Section 44AB

Ensure compliance with Income Tax laws through expert Tax Audit services under Section 44AB, conducted by qualified Chartered Accountants.

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Service Overview

Everything you need to know about this service

Tax Audit under Section 44AB of the Income Tax Act, 1961 is a mandatory audit of financial records for certain taxpayers whose turnover or income exceeds prescribed limits. The objective of a tax audit is to ensure proper maintenance of books of accounts, accuracy of financial statements, and compliance with applicable tax laws.

Our professional tax audit services help businesses and professionals avoid penalties, ensure correct reporting, and maintain transparency with the tax authorities. We assist you at every stage—from reviewing financial records to filing audit reports in the prescribed forms (Form 3CA/3CB and 3CD).


Step-by-Step Process

Our transparent, client-first approach from start to finish

1
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Initial Consultation & Eligibility Check

Assess whether your business/profession falls under Section 44AB.

2
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Collection of Financial Records

Gathering books of accounts, bank statements, and supporting documents.

3
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Verification of Accounts

Checking income, expenses, deductions, and compliance with tax laws.

4
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Preparation of Audit Report

Drafting Form 3CA/3CB and detailed Form 3CD.

5
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Review & Finalization

Discussing discrepancies and making necessary corrections.

6
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Filing of Tax Audit Report

Uploading audit report on Income Tax portal before due date.

1
Step icon
Initial Consultation & Eligibility Check

Assess whether your business/profession falls under Section 44AB.

2
Step icon
Collection of Financial Records

Gathering books of accounts, bank statements, and supporting documents.

3
Step icon
Verification of Accounts

Checking income, expenses, deductions, and compliance with tax laws.

4
Step icon
Preparation of Audit Report

Drafting Form 3CA/3CB and detailed Form 3CD.

5
Step icon
Review & Finalization

Discussing discrepancies and making necessary corrections.

6
Step icon
Filing of Tax Audit Report

Uploading audit report on Income Tax portal before due date.

Ready to begin? Book your free consultation.
Get Started

Required Documents

Common documents needed to initiate this service

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PAN Card* Mandatory for tax filing
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Aadhaar Card* Identity verification
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Financial Statements* Balance sheet & Profit & Loss
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Books of Accounts* Ledger, journal, trial balance
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Bank Statements* For reconciliation
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GST Returns* For turnover verification
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TDS Details* For compliance check
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Previous ITR* For reference
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Invoices & Bills* Supporting documents
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Loan Statements* Verification of liabilities

Important: An exact checklist tailored to your matter will be provided after the initial assessment.

Who Can Apply?

Eligibility and jurisdictional criteria for this legal service

  • Business Turnover exceeds ₹1 crore (₹10 crore if cash transactions ≤ 5%).

  • Profession Income exceeds ₹50 lakhs.

  • If opting out of presumptive taxation scheme (Sections 44AD, 44ADA, 44AE) and income is below prescribed limits.

  • If declaring income lower than presumptive rates and total income exceeds basic exemption limit.

Need a personalised assessment? Eligibility depends on locus standi — your legal standing. Contact us for a precise evaluation.

The Nyaya Path Advantage

Why clients across India trust us with their matters

Tax audits require precision, compliance expertise, and timely execution. Our team of experienced Chartered Accountants ensures accurate reporting, thorough verification, and strict adherence to tax regulations. We not only complete your audit efficiently but also identify tax-saving opportunities and compliance gaps. With a client-focused approach, transparent communication, and deadline-driven service, we help you stay compliant while minimizing risks and penalties.

Frequently Asked Questions

Common queries about Tax Audit Section 44AB

Generally, 30th September of the assessment year (may change as per government notifications).
Only a qualified Chartered Accountant (CA) can perform and certify a tax audit
It is a detailed statement of particulars required under Section 44AB.
Penalty can be 0.5% of turnover or ₹1,50,000, whichever is lower.
Yes, if professional income exceeds ₹50 lakhs or conditions of presumptive taxation are not met.
Take Action

Book a Consultation

Speak directly with an expert about your Tax Audit Section 44AB matter. Our team will assess your situation and chart the best path forward.

Attorney-client privilege from first contact
Response within business hours
Available via phone, video, or in-person
Transparent consultation structures

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