Tax Audit
- Home
- Tax Audit
Tax Audit
Accurate | Compliant | Risk-Free
A Tax Audit is a detailed examination of a taxpayer’s financial records and returns to ensure accurate tax reporting and adherence to the Income Tax Act, 1961. It is mandatory for individuals and entities crossing certain turnover or income thresholds, as defined under Section 44AB of the Act.
At SSKS & Associates, we provide end-to-end Tax Audit Services in Pune, ensuring full compliance with Indian tax regulations and eliminating the risk of penalties or scrutiny. Whether you are a business, a professional, or covered under presumptive taxation, we ensure your tax records are audit-ready and accurately reported.
What is Section 44AB of the Income Tax Act?
Section 44AB mandates that a Chartered Accountant conduct a tax audit for the following categories:
| Entity Type | Condition |
|---|---|
| Business | Turnover exceeds ₹1 crore (or ₹10 crore if cash transactions ≤ 5%) |
| Profession | Gross receipts exceed ₹50 lakh |
| Presumptive Business (44AD) | Declares income below 8%/6% and total income exceeds basic exemption limit |
| Presumptive Profession (44ADA) | Declares income below presumptive rate and income exceeds exemption limit |
Objectives of a Tax Audit
Ensure compliance with Section 44AB and other tax provisions
Verify accuracy of financial statements and reported income
Prevent tax evasion through detection of misstatements
Review books of accounts and accounting systems
Assess correct tax liability and verify deductions claimed
Facilitate transparency and build trust in tax reporting
Minimize risk of penalties due to errors or non-compliance
Why Choose SSKS & Associates for Tax Audit Services in Pune?
Experienced Chartered Accountants
Our team comprises qualified CAs with deep domain knowledge of Section 44AB and related tax laws. We ensure precise, compliant, and efficient audits tailored to your business type.
Comprehensive Tax Audit Services
We handle all stages of the tax audit—from review of books and ledgers to submission of Form 3CA/3CB and 3CD, ensuring compliance with Income Tax Act requirements.
Tailored Solutions
Every business is different. We offer customized tax audit services based on your size, structure, and nature of operations to ensure effective tax compliance and planning.
Transparent & Accurate Reporting
Our tax audit reports highlight errors, risks, or irregularities—helping you rectify issues before submission, reducing your risk of penalty or scrutiny.
Timely Execution
We ensure all audit processes and filings are completed within statutory deadlines, so you avoid late fees and stay on the right side of the law.
Cost-Effective Services
Our solutions are competitively priced and value-driven, offering robust audit coverage without straining your budget.
Penalty Avoidance & Risk Mitigation
We proactively detect red flags and guide on corrective measures to help you avoid future tax disputes or penalties.
Value-Added Tax Planning
Our audit process doesn’t just ensure compliance—we offer practical tax-saving strategies based on insights from your financials.
Our Tax Audit Services Include:
Tax Audit under Section 44AB
Form 3CA/3CB and 3CD Preparation & Filing
Review of books of accounts, ledgers, and financial statements
Verification of tax deductions, claims, and adjustments
Audit advisory and tax planning insights
Timely submission of audit reports to avoid penalties
One-on-one consultation with senior Chartered Accountants
Post-audit support and audit defense (if required)