Statutory & Tax Audit.

Statutory audit is the audit of financial statements required by law. For companies, the requirement flows from section 139 of the Companies Act, 2013. Tax audit is required under section 44AB of the Income Tax Act, 2025 for persons whose turnover or gross receipts exceed prescribed thresholds.

Our audit work is performed in accordance with the Standards on Auditing issued by the ICAI. We plan each audit with an understanding of the entity and its environment, identify and respond to the risks of material misstatement, obtain sufficient appropriate audit evidence and report in the prescribed form.

How we work

Each audit is partner-led, planned in writing and executed with a documented audit programme. Working papers are maintained in accordance with SA 230, and reports are issued in line with SA 700 and the related Standards on Auditing. Where the engagement involves group reporting, we coordinate with the parent auditor in accordance with SA 600.

• Statutory audit of companies, LLPs, partnership firms, proprietary concerns and not-for-profit entities.
• Tax audit under section 44AB of the Income Tax Act, 2025 and reporting in Form 3CA / 3CB and 3CD.
• Audit of trusts, societies and Section 8 companies, including reporting under the Income Tax Act, 2025 and FCRA where applicable.
• Limited reviews under Regulation 33 of the SEBI LODR for listed entities.
• Special-purpose certification — net-worth, turnover, utilisation and other certifications required by lenders, regulators and authorities.