Tax Audit Services (Section 44AB)
Statutory tax audit under Section 44AB of the Income Tax Act, Form 3CA/3CB and 3CD audit report preparation and filing in Ahmedabad.
Service Scope & Overview
Tax Audit under Section 44AB of the Income Tax Act, 1961 requires eligible businesses and professionals to get their books of account audited by a Chartered Accountant. The objective is to verify correctness of income tax claims, statutory disallowances, TDS compliance, and reporting in Form 3CD for businesses across Ahmedabad and Gujarat.
Who Requires This Service?
- Businesses with turnover exceeding ₹1 Crore (or ₹10 Crores subject to 95% digital transaction criteria)
- Professionals with gross receipts exceeding ₹50 Lakhs (or ₹75 Lakhs under digital payment rules)
- Taxpayers declaring profits lower than prescribed statutory limits under presumptive taxation scheme (44AD/44ADA)
- Manufacturing units and trading companies in Ahmedabad industrial estates
Statutory Applicability Criteria
Step-by-Step Execution Workflow
Preliminary Verification
Reviewing trial balance, system entries, vouchers, and internal controls.
Statutory Testing & Disallowance Check
Verifying Section 40(a)(ia), Section 43B statutory dues payment, and cash payment limits.
Form 3CD Preparation
Drafting 44 detailed clauses of Form 3CD report.
CA Certification & Filing
Uploading signed Tax Audit Report on E-filing portal for client approval.
Required Documents Checklist
Statutory Risk Prevention & Pitfalls
- ⚠️Missing 43B(h) disallowances for unpaid MSME payments or statutory taxes before ITR due date
- ⚠️Discrepancies in sales turnover figures reported across GST and Income Tax records
Frequently Asked Questions regarding Tax Audit Services (Section 44AB)
Contextually Related Services
Income Tax Return (ITR) Filing Services
Precision return filing for Individuals, Salaried Professionals, Sole Proprietors, HUFs, Partnership Firms, and Corporate entities in Ahmedabad.
View details →Balance Sheet Preparation & Certification
Preparation and certification of statutory Balance Sheets showing true and fair view of assets, liabilities, and equity position in Ahmedabad.
View details →Computation of Income Statement
Detailed tax computation sheet summarizing all income heads, tax adjustments, set-off of losses, Chapter VI-A deductions, and tax payable.
View details →Request Practice Consultation
Provide basic details to initiate a structured tax and audit review session.