CA Sonal M & Associates is a trusted name in the field of tax audit compliance in Pune and gives expert guidance to businesses, startups, corporates, and NGOs. CA Sonal Provides Tax Audit Services in Pune, Pimpri Chinchwad or PCMC Top Auditors Services Pune, Tax Audit Firms in Pune & Trusted Tax Consultants, Online Consult best tax advisors for Income tax.
With years of experience and in-depth knowledge of Indian tax laws, we ensure accurate information on tax audit reporting and this can help to stay compliant with theIncome Tax Act, 1961.
What is a Tax Audit?
A tax audit is an examination of a taxpayer’s financial records to verify compliance with Section 44AB of the Income Tax Act, 1961. This is the mandatory for businesses and professionals exceeding certain turnover or income thresholds. Our tax audit consultants in Pune ensure that all financial records are reviewed systematically to avoid penalties and non-compliance issues.
Who Needs a Tax Audit? (Eligibility Criteria)
The following entities must undergo a tax audit as per Indian tax laws:
- -Businesses with a turnover exceeding Rs. 1 crore (Rs. 10 crores if 95% transactions are digital)
- -Professionals earning more than Rs. 50 lakhs annually
- -Presumptive taxation scheme cases under Section 44AD, 44ADA, or 44AE with income lower than prescribed limits
- -NGOs and Charitable Trusts requiring tax audits for regulatory compliance
Our tax audit assistance for startups in Pune ensures that even newly established businesses comply with the regulations smoothly.
Types of Tax Audit Cases Handled by CA Sonal M & Associates
CA Sonal M & Associates specializes in various tax audit advisory services in Pune covering:
- -Tax Audit for Small Businesses in Pune – We ensure compliance for traders, retailers, and MSMEs
- -Tax Audit for Corporates in Pune – We handle multiple types of complex financial structures and compliance requirements
- -Tax Audit for NGOs in Pune – We assist non-profits in fulfilling regulatory obligations
- -Tax Audit for Startups in Pune – We prioritize early-stage businesses to stay tax-compliant
- -Special Tax Audits – For cases where authorities suspect underreporting of income
Documents Required for Tax Audit
To conduct a tax audit, businesses and professionals need to submit the following:
- - Financial statements (Profit & Loss Account, Balance Sheet)
- - Income Tax Returns (ITR) and computation statements
- - GST returns and records
- - Bank statements and cash flow details
- - Tax deduction and collection at source (TDS/TCS) details
- - Purchase, sales, and expense ledgers
Our tax audit report preparation in Pune ensures that all documents are accurately reviewed and submitted.
Tax Audit Filing Procedure
- Gathering Financial Data – Compilation of all required financial records
- Verification & Compliance Check – Ensuring transactions adhere to tax laws
- Preparation of Tax Audit Report (Form 3CA/3CB & 3CD) – As mandated by the Income Tax Act
- Submission to the IT Department – Filing the audit report via the income tax e-filing portal
With our tax audit compliance Pune services, we make the process smooth and hassle-free.
Why Choose CA Sonal M & Associates for Your Tax Audit?
- Certified & Seasoned Tax Professionals: Our team has highly experienced and certified tax auditors with in-depth knowledge of tax laws. We specialize in handling complex tax scenarios and ensure compliance with the latest regulations.
- Precision & Compliance Guaranteed: Our tax audit reports are properly prepared to ensure 100% accuracy and compliance. We conduct thorough reviews to reduce errors, minimizing the risk of penalties or legal complications.
- Personalized Tax Solutions: Every business has unique tax needs, and we provide the best solutions to match. Our approach is designed to save you time, money, and stress.
- Trusted by Businesses of All Sizes: From startups to large corporations, we have successfully assisted businesses across various industries.
CA Sonal M & Associates and her team of best tax auditors in Pune are committed to delivering reliable, professional, and efficient tax audit services for businesses across all sectors.
