Income Tax Audit Services in India File with Legal Setup India
Ensure Accuracy, Compliance & Peace of Mind with Expert Tax Audit Support
Are you liable for Income Tax Audit under Section 44AB? Don’t risk penalties or compliance issues! At Legal Setup India, we provide professional and affordable Income Tax Audit services across India for businesses, professionals, and firms as per the latest Income Tax Act requirements.
What is Income Tax Audit?
An Income Tax Audit is a mandatory examination of your business accounts to ensure that income and deductions are reported accurately, as per Income Tax Act, 1961. It is applicable when your turnover, gross receipts, or income crosses certain limits under Section 44AB.
Who Needs to File an Income Tax Audit?
Under Section 44AB, the following persons are required to get their accounts audited:
-
Businesses with total sales, turnover, or gross receipts exceeding ₹1 crore (₹10 crore if cash transactions are limited to 5%)
-
Professionals with gross receipts over ₹50 lakhs
-
Individuals or firms opting out of Presumptive Taxation Scheme (44AD/44ADA) after 5 years
-
Businesses declaring profits less than 8% or 6% under Presumptive Taxation
Documents Required for Tax Audit
-
PAN Card of the business/individual
-
GST Registration Certificate
-
Trial Balance, Profit & Loss A/c, Balance Sheet
-
Bank statements
-
Ledger and cash books
-
Previous year ITR and Audit Report
-
Details of loans, investments, TDS, etc.
Income Tax Audit Services Offered by Legal Setup India
-
Complete Books of Accounts Review
-
Preparation of Tax Audit Report in Form 3CA/3CB and 3CD
-
Guidance on Section 44AB Compliance
-
Uploading and filing of audit report on Income Tax Portal
-
End-to-end support from Chartered Accountants
Income Tax Audit Fees – Affordable & Transparent
At Legal Setup India, we offer expert tax audit services at competitive pricing:
Type of Entity
Individual / Proprietorship
Partnership / LLP
Private Limited Company
Starting Fee (INR
₹9,999/- onwards
₹12,999/- onwards
₹17,999/- onwards
Fees (INR)
***Fees may vary based on turnover and audit complexity.
Why Choose Legal Setup India?
✔️CA & Tax Expert Assisted Filing
✔️PAN India Service – 100% Online Process
✔️Quick Turnaround & Error-Free Compliance
✔️Affordable Audit Fees
✔️Dedicated Support via Phone, WhatsApp & Email
Due Date for Filing Income Tax Audit Report
The due date to file the Tax Audit Report (Form 3CD) is 30th September (or as updated by CBDT) for each Assessment Year.
Delay in filing may lead to:
-
Penalty u/s 271B – 0.5% of turnover (max ₹1.5 lakh)
Penalty for Non-Compliance
Failure to get accounts audited as required under section 44AB attracts a penalty of ₹1.5 lakh or 0.5% of gross turnover/receipts, whichever is lower.
FAQ
Answers
Frequently asked questions
Get Your Tax Audit Done Today!
Ensure accurate, timely, and professional tax audit compliance with Legal Setup India.