Tax Audit (u/s 44AB)

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Taxation & GST

Tax Audit (u/s 44AB)

Statutory tax audit under Section 44AB of the Income Tax Act — conducted by our Chartered Accountants with Form 3CA/3CB and Form 3CD preparation and filing.

What is Tax Audit (u/s 44AB)?

A tax audit under Section 44AB of the Income Tax Act is mandatory for businesses with turnover exceeding ₹1 crore (₹10 crore for digital transactions) and professionals with gross receipts exceeding ₹50 lakh. The audit must be conducted by a Chartered Accountant and the report (Form 3CA/3CB with Form 3CD) must be filed before the due date.

AccentTax Consulting's tax audit team conducts thorough, systematic audits that go beyond mere compliance. We review your books of accounts, verify the accuracy of financial statements, examine all tax-sensitive transactions, and prepare a comprehensive Form 3CD with all 44 clauses accurately filled. Our audits are designed to withstand scrutiny and provide genuine assurance.

At a Glance

Who is this for

Businesses with turnover > ₹1 crore, Professionals with gross receipts > ₹50 lakh, Businesses opting out of presumptive taxation

Governed by

Income Tax Act, 1961 (Section 44AB) | Income Tax Rules (Form 3CA, 3CB, 3CD) | ICAI Standards on Auditing

Estimated timeline

2–4 weeks (subject to books readiness) | Due date: 30 September of assessment year

Our fee

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Why Choose This Service?

Key advantages of engaging AccentTax Consulting for Tax Audit (u/s 44AB).

Thorough 44-Clause Review

All 44 clauses of Form 3CD are examined and reported accurately, covering every tax-sensitive aspect of your business.

Books Reconciliation

We reconcile your books with GST returns, TDS returns, and financial statements to identify and resolve discrepancies.

Penalty Avoidance

Timely audit and filing avoids the penalty of 0.5% of turnover (maximum ₹1.5 lakh) under Section 271B.

Scrutiny-Ready Reports

Our audit reports are prepared to withstand departmental scrutiny — accurate, well-documented, and defensible.

How It Works — Our Process

Simple, transparent, and fully managed by our team.

1

Pre-Audit Document Collection

We collect your books of accounts, financial statements, GST returns, TDS returns, bank statements, and other relevant records.

2

Books Verification

We verify that books of accounts are maintained as required under Section 44AA and reconcile them with supporting documents.

3

Tax-Sensitive Transaction Review

We examine all transactions with tax implications — related party transactions, capital expenditure, loans, advances, and contingent liabilities.

4

Form 3CD Preparation

We prepare Form 3CD with all 44 clauses, including details of depreciation, disallowances, TDS defaults, and other statutory information.

5

Management Review

The draft audit report is shared with management for review and confirmation of factual details before finalisation.

6

E-Filing of Audit Report

The signed audit report (Form 3CA/3CB with Form 3CD) is uploaded on the Income Tax portal using the CA's digital signature.

We handle everything — you just provide documents.

Documents Required

Audited financial statements (Balance Sheet, P&L, Notes)
Books of accounts (cash book, ledger, journal)
Bank statements for all accounts
GST returns (GSTR-1, GSTR-3B, GSTR-9) for the year
TDS returns (Form 24Q, 26Q) for the year
Fixed asset register with depreciation schedule
Loan and advance details with agreements
Related party transaction details
Previous year tax audit report (Form 3CD)
Details of payments to specified persons (Section 40A(2))

Don't have all documents ready? Contact us — we'll guide you step by step.

Send Documents on WhatsApp

Estimated Timeline

2–4 weeks from receipt of complete books and documents | Due date: 30 September of the assessment year

Businesses with international transactions have an extended due date of 31 October.

Professional Fee

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All fees exclude 18% GST. Transparent pricing, no hidden charges.

Frequently Asked Questions

Who is required to get a tax audit done?
What is the penalty for not getting a tax audit done?
What is Form 3CD and what does it contain?
Can a tax audit be done after the due date?
Is a tax audit the same as a statutory audit?

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