Our Services

Tax Audit Under Section 44AB of Income Tax Act

Ensure Full Compliance & Avoid Penalties with Professional Tax Audit Services
Tax Audit is mandatory under the Income Tax Act for certain businesses and professionals. At Connect Tax Filing, we help you conduct tax audits efficiently and accurately, ensuring you stay compliant and avoid legal scrutiny.

What is a Tax Audit?

A Tax Audit is an examination of your financial records to verify that income, deductions, and taxes are reported correctly. As per Section 44AB of the Income Tax Act, businesses and professionals above specific turnover or gross receipt thresholds must get their accounts audited by a Chartered Accountant (CA).

Who is Required to Get a Tax Audit?

• ✅ Businesses with total sales/turnover exceeding ₹1 crore (or ₹10 crore if 95% of receipts are digital)
• ✅ Professionals with gross receipts over ₹50 lakhs in a financial year
• ✅ Taxpayers opting out of Presumptive Taxation Scheme (Sec 44AD, 44ADA, etc.)
• ✅ Those with income lower than presumptive limits but reporting losses or lower profits

Our Tax Audit Services Include:

• ✅ Preparation & Review of Financial Statements
• ✅ Tax Computation & Verification of Deductions
• ✅ Compliance with Form 3CA/3CB and 3CD
• ✅ Filing of Tax Audit Report on Income Tax Portal
• ✅ Resolution of Discrepancies & Support During Notices
• ✅ Post-audit guidance for better tax planning

Failing to conduct a tax audit when required can attract heavy penalties. Let Connect Tax Filing handle your audit with expert precision and timely execution.

Need a tax audit? Contact our experts at Connect Tax Filing and get a fully compliant audit completed by professionals.