Get Your Tax Audit Done Stress-Free
Income Tax
How WizBiz Can Help You Handle Tax Audit
Tax audit under Section 44AB is mandatory if turnover exceeds ₹1 crore. WizBiz handles the complete audit — from financial review to Form 3CD filing — stress-free.
Tax Audit under Section 44AB | CA Audit Report | WizBiz
Tax Audit, Section 44AB, Form 3CD, Form 3CA, Form 3CB, CA Audit, Audit Report
WizBiz Team
Problem
**The Problem:** Businesses with turnover over ₹1 crore (₹10 crore for digital transactions) and professionals with gross receipts over ₹50 lakh must get a tax audit under Section 44AB. The audit requires detailed verification of books of accounts, Form 3CD preparation, and audit report filing by September 30. Mistakes lead to:
- Penalty under Section 271B: 0.5% of turnover or ₹1,50,000, whichever is lower
- Delays in ITR filing
- Increased scrutiny from tax department
- Disallowance of expenses
Solution
**WizBiz Solution:** Our CA team conducts a thorough tax audit, identifies compliance gaps, and prepares the complete audit report (Form 3CA/3CB/3CD). We ensure your audit is completed well before the September 30 deadline.
**Step-by-Step Process:**
1. **Document Collection** — Gather financial statements, books of accounts, and supporting documents
2. **Audit Planning** — Identify key risk areas and audit focus points
3. **Field Work** — Detailed verification of transactions, compliance with tax laws
4. **Form 3CD Preparation** — Complete the 40+ clause audit report
5. **Audit Report Filing** — File Form 3CA/3CB on Income Tax portal
6. **ITR Coordination** — Support for ITR filing with audited financials
Detailed explanation
**WizBiz Solution:** Our CA team conducts a thorough tax audit, identifies compliance gaps, and prepares the complete audit report (Form 3CA/3CB/3CD). We ensure your audit is completed well before the September 30 deadline.
**Step-by-Step Process:**
1. **Document Collection** — Gather financial statements, books of accounts, and supporting documents
2. **Audit Planning** — Identify key risk areas and audit focus points
3. **Field Work** — Detailed verification of transactions, compliance with tax laws
4. **Form 3CD Preparation** — Complete the 40+ clause audit report
5. **Audit Report Filing** — File Form 3CA/3CB on Income Tax portal
6. **ITR Coordination** — Support for ITR filing with audited financials
## Documents Required
- Profit & Loss account and Balance Sheet
- Trial balance and ledger
- Books of accounts (manual or digital)
- Bank statements (all accounts)
- GST returns filed during the year
- TDS returns and challans
- Sales and purchase registers
- Inventory records
- Fixed asset register and depreciation schedule
- Previous year audit report
## Benefits
**Why Choose WizBiz for Tax Audit?**
✅ **Qualified CAs** — Audit conducted by experienced chartered accountants
✅ **Deadline Compliance** — Complete audit well before September 30
✅ **Comprehensive Report** — Every clause of Form 3CD properly addressed
✅ **Gap Identification** — We identify and help fix compliance issues
✅ **ITR Integration** — Seamless coordination with income tax return filing
✅ **Fixed Fee** — No surprises; transparent audit pricing
Benefits
**Why Choose WizBiz for Tax Audit?**
✅ **Qualified CAs** — Audit conducted by experienced chartered accountants
✅ **Deadline Compliance** — Complete audit well before September 30
✅ **Comprehensive Report** — Every clause of Form 3CD properly addressed
✅ **Gap Identification** — We identify and help fix compliance issues
✅ **ITR Integration** — Seamless coordination with income tax return filing
✅ **Fixed Fee** — No surprises; transparent audit pricing
Document required
- Profit & Loss account and Balance Sheet
- Trial balance and ledger
- Books of accounts (manual or digital)
- Bank statements (all accounts)
- GST returns filed during the year
- TDS returns and challans
- Sales and purchase registers
- Inventory records
- Fixed asset register and depreciation schedule
- Previous year audit report
Progressing time
2-4 weeks (depending on business complexity)
