Need for Tax Audit:
As per the Income tax Act,1962 Each and Every person whose turnover exceeds Rs.1 Cr. in a year who carries on business and Rs.25 lacs in a year who carries on Profession are required to get their accounts audited and need to submit the report to the Income tax Department.
How our service will assist:
- We conduct the above audits as per the rules and regulations prescribed by the Income tax Act, Accounting Standards and Auditing & Assurance Standards as issued by Institute of Chartered Accountants of India.