At Lancorp Tax Advisors, we specialize in Internal Tax Audit Services — helping businesses proactively review, assess, and strengthen their tax processes and compliance before external authorities ever knock on the door.
Our internal audits go beyond surface-level checks — we deep-dive into your tax controls, documentation, reconciliations, and systems to uncover hidden risks, plug compliance gaps, and optimize your tax position.
Whether you’re a startup scaling operations or a large enterprise managing complex transactions, we ensure your tax ecosystem is robust, reliable, and audit-ready at all times.
Our Internal Tax Audit Services
We offer comprehensive internal tax audit and diagnostic review services, including:
🔹 1. Internal Review of Direct & Indirect Taxes
End-to-end review of income tax, GST, TDS, and other statutory obligations to ensure accurate filings and disclosures.
Identify issues before they become liabilities.
🔹 2. GST Internal Audit & Input Reconciliation
Check GSTR filings, input tax credit claims, and vendor compliance to prevent ITC loss and reduce risks of departmental audits.
Maximize credit. Minimize exposure.
🔹 3. Income Tax Health Check
Analyze ITR filings, advance tax, MAT computations, and deferred tax provisions to validate accuracy and identify under/over-payments.
Keep your tax filings accurate and defensible.
🔹 4. TDS/TCS Compliance Review
Evaluate deductions, rates, payments, and returns to detect defaults, delays, or mismatches with Form 26AS and TRACES.
Avoid interest, late fees, and departmental scrutiny.
🔹 5. SOP & Process Evaluation
Audit internal tax processes, documentation practices, and control mechanisms to align with best practices and legal standards.
Build a stronger compliance culture from within.
🔹 6. Risk & Exposure Identification
Uncover potential exposures related to non-compliance, misclassification, or procedural lapses and suggest corrective measures.
Early detection = easier resolution.
🔹 7. Reporting & Corrective Action Plans
We provide detailed internal audit reports with actionable insights, risk ratings, and a compliance roadmap.
Insights that lead to real improvements.
Why Choose Lancorp for Internal Tax Audits?
🔹 Qualified Chartered Accountants & Tax Experts – Audit specialists with deep domain knowledge across direct and indirect tax laws
🔹 Preventive Audit Approach – We help you fix issues before regulators or external auditors find them
🔹 Tailored Audit Plans – Risk-based, sector-specific internal audit procedures
🔹 Process-Driven Reviews – We evaluate not just numbers, but systems, documentation, and workflows
🔹 Confidential & Independent – Objective internal evaluations with full confidentiality and integrity
Industries We Serve
We conduct internal tax audits across multiple sectors, including:
🔹 Manufacturing & Engineering
🔹 FMCG, Retail & E-commerce
🔹 Software & Technology Companies
🔹 Logistics & Warehousing
🔹 Healthcare & Diagnostics
🔹 Construction & Real Estate
🔹 Education & NGOs
🔹 Professional Services (CA, Legal, Consulting Firms)
Tools & Platforms We Use
We use industry-standard tools to deliver efficient, reliable audit services:
🔹 Accounting Software: Tally, QuickBooks, Zoho Books, SAP, Oracle
🔹 Tax Compliance Platforms: ClearTax, GST Hero, TRACES, GSTN
🔹 Audit Tools: Excel, Power BI, Google Sheets, CaseWare
🔹 Documentation & Tracking: Notion, Google Drive, Dropbox
🔹 Collaboration: Zoom, Slack, Microsoft Teams