Income Tax Audit (Sec 44AB) in Chennai, Thanjavur, Cuddalore & Ariyalur

Overview

A tax audit is a review of your books by a practising Chartered Accountant, who reports on them in Form 3CA/3CB with the detailed statement in Form 3CD. Missing the tax audit deadline can attract a penalty of up to ₹1,50,000 and slows down your income tax return.

JS Tax Consultants gets your business audit-ready. We finalise your books, reconcile GST returns with your accounts, prepare the Form 3CD particulars and schedules, and coordinate with the auditing Chartered Accountant so the report is uploaded well before the due date. The same team then files your income tax return, so nothing falls through the gaps.

When is a tax audit required?

• Business turnover above ₹1 crore in the year
• Business turnover up to ₹10 crore is exempt only if cash receipts and cash payments are each within 5% of the total
• Professionals with gross receipts above ₹50 lakh
• Businesses declaring profit below the presumptive rate under Section 44AD when income exceeds the exemption limit
• Professionals declaring income below 50% under Section 44ADA
• Thresholds and section numbers are being carried into the Income-tax Act, 2025 — we apply the law in force for your year

What our Income Tax Audit service includes

• Finalisation of books, ledgers and trial balance
• Stock statement and valuation support
• GST turnover vs books reconciliation
• TDS compliance review and default rectification
• Form 3CD clause-wise data preparation
• Coordination with the auditing Chartered Accountant
• Upload and acceptance of the audit report on the portal
• ITR filing after audit

Documents required

• Books of accounts / Tally or Zoho data
• Bank statements for all accounts
• Sales and purchase registers and GST returns
• Closing stock details
• Fixed asset purchase and sale bills
• Loan statements and TDS returns

Rules, rates and limits are as per our understanding of the law at the time of writing and can change through notifications. We always confirm the current position before filing.