Income Tax Audit — Accurate. Transparent. Compliant.
We conduct thorough income tax audits for businesses and individuals, ensuring compliance with Indian tax laws while identifying savings opportunities and mitigating audit risks.
Book Free ConsultationN D Savla & Associates brings decades of expertise in tax compliance and audit services. Our team of chartered accountants specializes in income tax audits for corporates, partnerships, and high-net-worth individuals. We combine deep knowledge of the Income Tax Act with advanced analytical tools to deliver precise audit outcomes.
Any entity subject to Section 44AB or with a turnover exceeding ₹50 crore must undergo an income tax audit. Even smaller firms can benefit from a pre-audit review to avoid penalties.
Let our audit experts guide you through the process, ensuring peace of mind and regulatory compliance.
Our Income Tax Audit Services Services
Pre-Audit Consultation
We assess your financial records and tax filings to identify potential audit triggers. This proactive step helps you prepare a robust audit file.
Financial Statement Verification
Our auditors scrutinize balance sheets, profit and loss accounts, and cash flow statements for accuracy. We ensure all entries comply with the Income Tax Act and accounting standards.
Tax Return Reconciliation
We cross‑check your income tax returns against audited financials to spot discrepancies. This reconciliation reduces the likelihood of reassessment notices.
Audit Report Preparation
We compile a comprehensive audit report detailing findings, adjustments, and recommendations. The report is formatted to meet the requirements of the Income Tax Department.
Post-Audit Advisory
After the audit, we advise on corrective actions and tax-saving strategies. Our guidance helps you maintain compliance and optimize future tax positions.
Compliance Follow-up
We monitor your ongoing compliance status and provide updates on any regulatory changes. This ensures your records remain audit‑ready at all times.
Our Engagement Process
Audit Planning
We outline the audit scope, timelines, and key focus areas based on your business profile. This plan aligns with Section 44AB requirements.
Document Collection
Our team gathers financial statements, tax returns, and supporting documents from your records. We verify authenticity and completeness before analysis.
Field Audit
On-site or virtual, auditors examine transactions, ledger entries, and compliance with tax provisions. We document findings and seek clarifications from management.
Report Drafting
We draft a detailed audit report, highlighting adjustments, errors, and compliance gaps. The draft is reviewed internally for accuracy.
Final Review & Submission
We present the final audit report to your management and submit it to the Income Tax Department as required. We also coordinate with tax authorities during any follow‑up.
