- Bangalore , Karnataka
- +91 9652867369
- casmsathvik@gmail.com
Sathvik S & Co
Chartered Accountant
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Chartered Accountant
Our tax audits go beyond verification — they strengthen your organisation’s compliance discipline, accuracy, and financial transparency under Section 44AB of the Income-tax Act, 1961.
A Tax Audit ensures that financial records comply fully with the Income-tax Act, 1961 and related rules, confirming the accuracy and reliability of your tax disclosures. Conducted under Section 44AB, it involves a systematic review of ledgers, deductions, and turnover criteria to determine whether your accounts meet statutory thresholds. Our audits are performed in accordance with the standards prescribed by the Institute of Chartered Accountants of India (ICAI) and are designed to stand up to departmental scrutiny.
Each audit engagement results in the preparation of Form 3CA/3CB and 3CD, verified for accuracy and supported by complete documentation. Every figure is reconciled to its source — ensuring full traceability and defensibility. Our reviews focus equally on compliance and business insight, helping organisations maintain transparency and accountability.
Beyond compliance, our tax audits aim to reinforce fiscal discipline. By reconciling GST and TDS data, identifying procedural gaps, and recommending preventive measures, we enable clients to anticipate and avoid potential tax risks. The outcome is a credible, consistent, and audit-ready tax profile.
Our tax audit methodology is designed to deliver accuracy, compliance assurance, and practical insight. Each engagement follows a structured process aligned with the Income-tax Act, 1961, ensuring that findings are clear, documented, and actionable.
We begin with a planning and scoping phase, understanding the client’s operations, financial statements, and tax positions. This helps us identify key risk areas and design test procedures tailored to the size and nature of the business. During the review stage, we examine ledgers, vouchers, and source records to verify deductions, turnover thresholds, and TDS compliance.
Our analytical reviews involve variance studies, tax ratio analysis, and reconciliation of reported figures with audit trails. Each observation is evaluated in the context of both statutory law and practical business realities.
The process concludes with a management debrief, where findings and recommendations are communicated clearly. The goal is not just a compliant audit report but an improved tax governance framework—ensuring that clients stay prepared, informed, and audit-secure.
A Tax Audit from Sathvik S & Co delivers clarity, credibility, and compliance assurance. We go beyond verification to strengthen the accuracy and transparency of your tax reporting. Each audit helps management identify potential exposure areas while promoting better control and data integrity.
Our insights help clients make informed tax decisions, streamline compliance processes, and reduce risks of departmental notices or penalties. The result is sustainable compliance readiness, consistent reporting discipline, and lasting confidence among stakeholders and regulators.
Every Tax Audit concludes with a clear, evidence-based assurance package. We provide Form 3CA/3CB and 3CD reports prepared under Section 44AB of the Income-tax Act, 1961, ensuring accuracy, compliance, and audit readiness.
Additionally, clients receive a Tax Reconciliation Dossier that maps audit findings, TDS/GST linkages, and income disclosures, along with a Management Note summarising risks and recommendations. Each deliverable is concise, verifiable, and aligned with departmental requirements.
Our Tax Audits are conducted in accordance with the Income-tax Act, 1961, Income-tax Rules, and the Guidance Note on Tax Audit under Section 44AB issued by the ICAI. These standards define the documentation, verification procedures, and reporting structure for every engagement.
We also follow ICAI’s Quality Management Standard (QMS 1) and Standards on Auditing (SAs) for consistency and accuracy. Together, these frameworks ensure that every tax audit is ethical, evidence-driven, and defensible before any authority—delivering assurance that inspires confidence and compliance.