At Lancorp Tax & Audit Advisors, we specialize in comprehensive and compliant Income Tax Audit Services — helping businesses and professionals meet their statutory obligations under the Income Tax Act, 1961, with accuracy and peace of mind.
Whether you’re a company, partnership firm, LLP, or individual required to undergo a tax audit under Section 44AB, our experienced audit team ensures your accounts are thoroughly reviewed, properly reported, and filed on time — minimizing your risks and maximizing compliance.
Our Income Tax Audit Services
We provide end-to-end tax audit support, ensuring a seamless experience from documentation to reporting:
🔹 1. Applicability Assessment & Advisory
We assess whether your business is liable for tax audit based on turnover, profit declarations, or presumptive taxation rules.
Know when and why a tax audit is required.
🔹 2. Books of Accounts Review
In-depth verification of books, ledgers, bank statements, inventory, expenses, and other financial records.
Accurate reporting starts with clean, compliant books.
🔹 3. Tax Audit Report Preparation (Form 3CA/3CB & 3CD)
We prepare and file the required audit reports as per Income Tax Act guidelines.
Fully compliant, audit-ready documentation.
🔹 4. Ratio Analysis & Tax Disclosures
We conduct detailed financial and tax ratio analysis and ensure all mandatory disclosures are made.
Stay transparent with comprehensive reporting.
🔹 5. GST-TDS-PAN Reconciliations
We reconcile GST returns, TDS returns, and PAN-based data with financial statements to avoid mismatches.
End-to-end accuracy across multiple tax platforms.
🔹 6. Suggestions for Tax Optimization & Risk Minimization
Identify red flags and inefficiencies in your tax structure and suggest corrective actions.
Beyond compliance — we help you optimize.
🔹 7. Filing of Tax Audit Reports on Income Tax Portal
Timely upload and submission of audit reports through the Income Tax e-filing system.
Avoid late fees and penalties with punctual filing.
Why Choose Lancorp for Income Tax Audits?
🔹 Chartered Accountants with Domain Expertise – Deep understanding of audit clauses, statutory requirements & industry nuances
🔹 Accurate & Timely Filing – We ensure every audit report is completed well before deadlines
🔹 Compliance-Focused Approach – Zero tolerance for error or non-disclosure
🔹 Tailored Industry Audit Checklists – We follow sector-specific procedures to meet regulatory expectations
🔹 Tech-Enabled Workflow – Digital documentation, e-signatures, and paperless processing
Who Needs a Tax Audit Under Section 44AB?
We conduct income tax audits for:
🔹 Businesses with turnover exceeding ₹1 crore (₹10 crore for digital transactions)
🔹 Professionals with gross receipts exceeding ₹50 lakh
🔹 Assessees opting out of presumptive taxation under sections 44AD/44ADA
🔹 Entities flagged by tax authorities for audit scrutiny
🔹 NGOs, Trusts, and Societies where applicable
Industries We Serve
🔹 Manufacturing & Trading Units
🔹 IT & Software Companies
🔹 Professionals (Doctors, Lawyers, Architects)
🔹 E-commerce & Retail
🔹 Logistics & Warehousing
🔹 Educational Institutions
🔹 Real Estate & Construction
🔹 NGOs & Trusts
Tools & Platforms We Use
🔹 Income Tax Portal (New) – For Form 3CA/3CB & 3CD uploads
🔹 Tally, QuickBooks, Zoho Books, Busy – For ledger review and accounting reconciliation
🔹 TRACES & GSTN – For matching TDS and GST data
🔹 Google Workspace, Dropbox, OneDrive – For secure sharing of financial data
🔹 Communication – Zoom, Google Meet, WhatsApp Business