Tax Audit
Conducted under Section 44AB of the Income Tax Act to ensure accurate computation of taxable income and statutory compliance.
Scope & Practice Overview
A Tax Audit under Section 44AB of the Income Tax Act, 1961 is a comprehensive verification of books of accounts to ensure accurate reporting of taxable income, admissible deductions, and compliance with statutory provisions.
CSNR & Associates brings extensive experience in conducting tax audits for proprietary concerns, partnership firms, and corporate entities crossing statutory turnover thresholds. We meticulously examine Form 3CA/3CB and prepare exhaustive Form 3CD particulars.
Our process includes deep cross-verification of TDS reconciliation, depreciation schedules under Section 32, disallowances under Section 40(a)(ia) / 43B, and quantitative details of inventories, preventing subsequent assessment adjustments.
Who This Service Is For
- Businesses with annual turnover/gross receipts exceeding ₹1 Crore (or ₹10 Crores for eligible digital transactions)
- Professionals with gross receipts exceeding ₹50 Lakhs (or presumptive thresholds under 44ADA)
- Taxpayers declaring profits lower than presumptive taxation limits under Section 44AD/44AE
- Partnership firms and entities requiring verified Form 3CD disclosures
Our Structured 4-Step Approach
Turnover & Eligibility Review
Analyzing gross turnover, digital receipt ratios, and applicable audit clauses.
Form 3CD Clause Testing
Verifying 44+ statutory clauses including TDS compliance, related party transactions, and 43B payments.
Reconciliation Analysis
Cross-checking books with GSTR-9C filings, 26AS, and AIS/TIS data streams.
e-Filing & Certification
Digital signature certification and timely portal submission with UDIN generation.
Key Outputs & Deliverables
Other Practice Areas
Directly consult with CA Janga Narender Reddy regarding statutory applicability, turnover limits, or compliance roadmaps.
Practice compliant with ICAI SQC-1 quality standards, qualified for corporate and public sector assurance.
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