Statutory Audit (Companies Act)
Private Limited, OPC and LLPs crossing audit limits
Every company must have its accounts audited each year whatever the turnover, dormant companies included. We prepare the financial statements in Schedule III format with the notes and related-party disclosures, and an empanelled Chartered Accountant conducts and signs the audit. The fee depends on turnover, branches and the state of the records, so it is quoted after a scope review.
Online payment and dashboard tracking arrive with the client portal. Until then we confirm the order on WhatsApp and send a GST invoice.
Your next deadlines
LIVE- Signed by the professional the law requires
- Working papers prepared in-house
- Filed before the due date
- GST, TDS and 26AS reconciled
What you get
Everything in Statutory Audit (Companies Act)
- Schedule III financial statements and notes
- Audit under the Companies Act by an empanelled CA
- CARO reporting where applicable
- Related-party and director disclosures
- AOC-4 and MGT-7 coordination
What you send
6 documents, mostly from your phone
- Accounting file for the yearPDF or photo on WhatsApp01
- Bank statements and reconciliationsPDF or photo on WhatsApp02
- GST, TDS and PF or ESI returnsPDF or photo on WhatsApp03
- Board minutes and statutory registersPDF or photo on WhatsApp04
- Loan and investment documentsPDF or photo on WhatsApp05
- Previous year audited accountsPDF or photo on WhatsApp06
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Send on WhatsAppHow statutory audit (Companies Act) works
- Step 1
Scope and quote
Share turnover, entity type and last year's financials. We confirm which audits apply and quote a fixed fee.
Within 1 working day - Step 2
Books and schedules
We compile or review the books, prepare the annexures and reconcile GST, TDS and 26AS with the accounts.
5 to 15 business days - Step 3
Report signed and filed
The empanelled Chartered Accountant or Cost Accountant reviews, signs and uploads the report before the due date.
Before the statutory due date
Estimate first, then file
Prepared and reviewed by a qualified professional
Other audit plans
Tax Audit under Section 44AB
Business turnover above ₹1 crore, or profession above ₹50 lakh
10 to 15 business days
Cost Records and Cost Audit (Section 148)
Manufacturing and regulated sectors above prescribed limits
15 to 25 business days
Internal Audit
Growing businesses and companies covered by section 138
Per quarter, on an agreed calendar
FAQ about statutory audit (Companies Act)
Does a dormant or zero-revenue company still need an audit?
Yes. The Companies Act requires an audit of every company every financial year regardless of activity. A nil-activity audit is quoted at the lower end of the range.
Do LLPs need a statutory audit?
Only if turnover exceeds ₹40 lakh or partner contribution exceeds ₹25 lakh in a financial year. Below both limits an LLP audit is optional.
Who is required to get a tax audit under section 44AB?
A business with turnover above ₹1 crore, raised to ₹10 crore when at least 95% of receipts and payments are digital, and a profession with gross receipts above ₹50 lakh (₹75 lakh with 95% digital). It also applies if you declare profit below the presumptive rate under 44AD or 44ADA after having opted in.
What is the tax audit due date for FY 2025-26?
The audit report in Form 3CA or 3CB with 3CD is due by 30 September 2026 and the return by 31 October 2026. Late filing of the report attracts a penalty under section 271B of 0.5% of turnover, capped at ₹1,50,000.
Can a Cost and Management Accountant sign a tax audit report?
No. Section 44AB reserves the tax audit report for a Chartered Accountant. Our CMA team prepares the books, schedules and 3CD annexures, and an empanelled Chartered Accountant reviews and signs the report. We name that professional on your order.
What is a cost audit and who signs it?
A cost audit under section 148 of the Companies Act examines cost records for specified industries above prescribed turnover limits. It must be conducted by a Cost and Management Accountant, not a Chartered Accountant, and is filed in Form CRA-3 and CRA-4.
Read next: LLP vs Private Limited vs OPC vs Proprietorship: Which Structure Should You Choose in 2026?
Ready to start statutory audit (Companies Act)?
Message us on WhatsApp with the service name, or request a callback. We confirm the price, list the documents and get going the same day.
- Callback within 2 working hours
- Fixed price quoted before any work
- Every return reviewed by a CMA or CA