What is Tax Audit under Section 44AB?

A mandatory audit of accounts by a Chartered Accountant for businesses whose total sales, turnover, or gross receipts exceed a certain threshold (e.g., ₹10 crore for most digital businesses) in a financial year.

Startup Example: A bootstrapped SaaS startup crosses ₹10 crore in annual revenue. They are now required to get their accounts audited under Section 44AB and file the tax audit report with their income tax return.

We facilitate and manage the tax audit process for our clients.