Tax Audit

Tax Audit Services (U/s 44AB of the Income Tax Act)

Tax Audit is mandatory under section 44AB of the Income Tax Act, 1961. Every person carrying on a business whose total sales or turnover exceeds Rs. 1 Crore* and by a person carrying on a profession and his gross receipts from profession exceed Rs. 50 Lakhs in the previous year, is liable to get his Tax Audit done by a Chartered Accountant mandatorily.

*The threshold limit would be 10 crores instead of 1 crore (from 01/04/2021) If cash transactions don’t exceed 5% of total gross receipts and payments.

Get your Tax Audit done by qualified CAs. Filing of Form 3CA/3CB and Form 3CD.