Tax Audit Services in Bangalore (Section 44AB)
Expert tax audit services under Section 44AB for businesses with turnover above ₹1 crore. Complete audit report preparation, compliance certification, and representation before tax authorities with qualified CAs.
Overview
Why choose Taxomic for tax audit (44ab)
Tax Audit (44AB) from Taxomic gives businesses in Bangalore and clients across India a senior chartered accountant led tax & compliance engagement. Expert tax audit services under Section 44AB for businesses with turnover above ₹1 crore. Complete audit report preparation, compliance certification, and representation before tax authorities with qualified CAs.
Our tax audit (44ab) process is defined and transparent: Initial Assessment & Planning → Books of Accounts Verification → Income Computation & Analysis → Audit Report Preparation → Filing & Compliance. You always know what happens next, what we need from you, and the turnaround for every step.
Whether you are a first-time filer, a growing startup, an established SME, a professional, or an NRI, our chartered accountants deliver tax audit (44ab) with clear pricing, fixed timelines, and dedicated point-of-contact support — in person in Bangalore or fully online across India.
Key focus areas: Section 44AB Compliance · Complete Audit Report · Books Verification · CA Certification · Authority Representation.
Complete Tax Audit Services
Comprehensive tax audit services under Section 44AB with expert CA support, detailed audit reports, and complete compliance certification for businesses of all sizes.
Section 44AB Tax Audit
Mandatory tax audit for businesses with turnover exceeding ₹1 crore or professional receipts above ₹50 lakhs. Complete compliance with statutory requirements.
- Complete books of accounts verification
- Income computation and tax calculation
- Statutory audit report preparation
- Form 3CD filing with ITR
- Compliance certificate issuance
- Tax authority representation
₹1Cr+ Turnover
Starting ₹15,000
Due: October 31st
Transfer Pricing Audit
Transfer pricing audit for businesses with international or related party transactions exceeding ₹1 crore. Ensures arm's length pricing compliance.
- Related party transaction analysis
- Arm's length price determination
- Economic analysis and benchmarking
- Form 3CEB preparation and filing
- Transfer pricing documentation
- Advance pricing agreement support
₹1Cr+ Transactions
Starting ₹25,000
Due: October 31st
Special Audit (Section 142(2A))
Special audit ordered by Assessing Officer for specific issues or discrepancies. Expert handling of complex audit situations and compliance issues.
- AO directed special audit compliance
- Specific issue investigation
- Detailed audit report preparation
- Discrepancy analysis and resolution
- Authority representation and support
- Compliance gap remediation
As Directed
Starting ₹20,000
As per AO direction
Comprehensive Tax Audit
Complete audit package including Section 44AB, transfer pricing, and additional compliance requirements. One-stop solution for all audit needs.
- Section 44AB + Transfer Pricing audit
- GST audit and reconciliation
- Internal control evaluation
- Risk assessment and mitigation
- Comprehensive compliance review
- Year-round audit support
All Requirements
Starting ₹35,000
Complete package
Our Tax Audit Process
Systematic and thorough audit process designed to ensure complete compliance and accurate reporting. Our experienced CAs follow established audit procedures for reliable results.
- 1
Initial Assessment & Planning
Comprehensive review of business operations, accounting systems, and compliance requirements. Development of detailed audit plan and timeline.
Week 1
- 2
Books of Accounts Verification
Detailed examination of books of accounts, supporting documents, and accounting records. Verification of transactions and compliance with accounting standards.
Week 2-3
- 3
Income Computation & Analysis
Calculation of business income, allowable deductions, and tax liability. Analysis of profit margins, expense ratios, and financial performance.
Week 4
- 4
Audit Report Preparation
Preparation of comprehensive audit report in Form 3CD with detailed observations, findings, and compliance certification.
Week 5
- 5
Filing & Compliance
Filing of audit report with ITR, compliance verification, and post-audit support for any queries or clarifications.
Week 6
Tax Audit Compliance Requirements
Understanding the key compliance requirements ensures smooth audit process and avoids penalties. Our experts ensure all requirements are met accurately.
Books of Accounts
Proper maintenance of books of accounts as per Income Tax Act and accounting standards. All transactions must be recorded with supporting documents.
Financial Statements
Preparation of audited financial statements including Profit & Loss account, Balance Sheet, and Cash Flow statement as per applicable standards.
Form 3CD Report
Detailed audit report in prescribed format covering all aspects of business operations, income computation, and tax compliance.
Timely Filing
Audit report must be filed along with ITR by October 31st. Late filing attracts penalty and may lead to rejection of books of accounts.
Penalties for Non-Compliance with Tax Audit
Understanding the penalties helps businesses prioritize compliance and avoid costly mistakes. Our services ensure complete compliance to avoid all penalties.
Not Getting Audit Done
Books of accounts may be rejected by the Assessing Officer, leading to income estimation and higher tax liability.
Penalty
₹1,50,000
Late Filing of Audit Report
Interest applies on additional tax liability along with the penalty, increasing the total cost of non-compliance.
Penalty
₹1,50,000
Incorrect Audit Report
Scrutiny assessment is likely, exposing the business to additional queries, documentation demands, and adjustments.
Penalty
₹10,000 – ₹1,00,000
Non-Maintenance of Books
The Assessing Officer may estimate income at their discretion, often resulting in a materially higher tax demand.
Penalty
₹25,000
Tax Audit FAQs
Related services
More from Tax & Compliance
Income Tax (ITR) Filing
Expert income tax return filing for individuals, salaried employees, businesses, HUF, and NRIs. Get maximum refunds with 24-hour filing guarantee by qualified CAs. Trusted by 5000+ clients across Bangalore.
GST Filing
Fast and hassle-free GST registration for new businesses in Bangalore. Get your GSTIN in 3-7 working days with complete documentation support and expert CA guidance. Trusted by 1200+ businesses across Karnataka.
GST Return Filing
Expert GST return filing services including GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C with complete ITC reconciliation and optimization. Ensure 100% compliance with zero late fees and maximum tax credit claims.
Ready to get started with tax audit (44ab)?
Free 20-minute consultation with a senior Chartered Accountant. No pressure.