We provide the following types of Audit Related Services
1. Statutory Audit Under Companies Act, 2013
Every company incorporated under the companies act is required to get its accounts audited by a Chartered Accountant in Practice to ensure true and fair view of the accounts. Further, the auditor has to ensure compliance with various provisions of the Companies Act. Statutory Audit ensures reliability of annual accounts of the company for various stake holders of Accounts of the Company like government, shareholders, debtors, creditors, bankers etc.
2. Tax Audit
It is mandatory to get the Tax Audit done by a Chartered Accountant, if in the previous year,
- The Person/Company is carrying on business and his Total Sales/Turnover exceeds Rs. 1 Crore.
- The Person/Company is carrying on Profession, and his Gross Receipts exceed Rs. 25 Lakhs
- The Person/Company is carrying on business or profession and is covered under the provisions of section 44AD, 44AE, 44AF, 44BB or 44BBB and claims that his income from the said business is lower than the deemed profits and gains computed under the relevant section
The due date of filing the Tax Audit Report under Section 44AB is 30th September of the Assessment Year.