We ensure accurate tax assessment by validating information and minimizing tax burden through diligent review.
HOW IT WORKS
A Tax Audit involves an expression of the Auditors’ opinion on the truth and correctness of certain factual details, given by assessee to the Income Tax Authorities to enable an assessment of tax. Our endeavour is to mitigate the burden of tax and to review that disallowances and deductions if any, under the various provisions of the Income Tax Act, 1961 are properly and correctly calculated, so that the income assessable can be computed correctly. Our role includes the following:
Checking the correctness of the Claimable deductions as allowed in the Income Tax Act, 1961
Effective reviews to see that the accounts are prepared in accordance with the tax efficient policies
Checking the various tax compliance norms as set out by the Income Tax Act, 1961
Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account as per the requirements of the Income Tax Act, 1961.
Issuing the Report of Tax Audit as required by the Income Tax Rules in the prescribed format.