Tax Audit and Income Tax Services in Rudrapur
Audit and Assurance Services
Ashok Darshan and Company provides professional Tax Audit and Income Tax Services in Rudrapur for individuals, businesses, startups, and corporate clients. As a trusted Tax Consultant in Rudrapur, we assist clients with income tax return filing, tax audit compliance under Section 44AB, TDS compliance, advance tax planning, and statutory reporting requirements. Our CA firm in Rudrapur focuses on accuracy, compliance, and timely execution of tax-related responsibilities. As a professional firm offering Tax Audit and Income Tax Services in Rudrapur, we assist in meeting statutory compliance requirements under the Income Tax Act. Our structured approach ensures timely reporting, accurate filings, and proper documentation.
Overview
Audit and assurance services involve reviewing financial records, systems, and processes to ensure accuracy and compliance. At Ashok Darshan & Co, we conduct audits in a structured and professional manner. We review financial statements, verify records, and assess compliance with applicable standards and regulations. Our objective is to provide clear observations and practical inputs while maintaining independence and confidentiality throughout the audit process. Our Tax Audit and Income Tax Services in Rudrapur include audit reporting under Section 44AB, income tax return filing, TDS compliance, advance tax calculation, and advisory support for businesses of all sizes.
Business Entities
| Condition | Applicability |
|---|---|
|
Turnover exceeds ₹1 crore |
Tax Audit Applicable |
|
Turnover up to ₹10 crore |
Audit not required if cash receipts ≤ 5% and cash payments ≤ 5% |
|
Presumptive income below rate |
Tax Audit Applicable |
|
Presumptive opted & income exceeds exemption |
Tax Audit Applicable |
Professionals
| Condition | Applicability |
|---|---|
|
Gross receipts exceed ₹50 lakh |
Tax Audit Applicable |
|
Section 44ADA income below 50% |
Tax Audit Applicable |
Applicability
| Tax Liability | Requirement |
|---|---|
|
Up to ₹10,000 |
No Advance Tax |
|
Above ₹10,000 |
Advance Tax Mandatory |
Instalments (Non-Presumptive)
| Due Date | Cumulative Tax |
|---|---|
|
15 June |
15% |
|
15 September |
45% |
|
15 December |
75% |
|
15 March |
100% |
Note
Presumptive cases (44AD / 44ADA): 100% advance tax payable on or before 15th March.
| Section | Nature of Payment |
|---|---|
|
192 |
Salary |
|
194C |
Contract payments |
|
194J |
Professional / technical fees |
|
194H |
Commission |
|
194I |
Rent |
|
194A |
Interest (non-bank) |
|
194Q |
Purchase of goods |
|
194R |
Benefits / perquisites |
Process Flow
- Deduct
- Deposit
- File Return
- Issue Certificate
Section 44AD
| Particular | Limit |
|---|---|
|
Turnover |
Up to ₹2 crore |
|
Income |
8% (6% digital) |
|
Exit |
Tax Audit + 5-year lock-out |
Section 44ADA
| Particular | Limit |
|---|---|
|
Gross Receipts |
Up to ₹75 lakh |
|
Presumptive Income |
50% |
|
Below 50% |
Tax Audit Applicable |
Section 44AE
Fixed presumptive income per vehicle.
Due Dates
| Category | Due Date |
|---|---|
|
Non-audit cases |
31st July |
|
Tax Audit Report |
30th September |
|
Audit ITR |
31st October |
|
Belated / Revised |
31st December |
|
Updated Return |
24 / 36 months |
Quarterly Returns
| Quarter | Due Date |
|---|---|
|
Q1 |
31st July |
|
Q2 |
31st October |
|
Q3 |
31st January |
|
Q4 |
31st May |
Certificates
- Form 16 – 15th June
- Form 16A – Within 15 days
Monthly Payment
- Apr–Feb: 7th next month
- March: 30th April
| Due Date | % |
|---|---|
|
15 June |
15% |
|
15 September |
45% |
|
15 December |
75% |
|
15 March |
100% |
Penalties, Interest & Prosecution
| Default | Section | Consequence |
|---|---|---|
|
Audit not done |
271B |
0.5% or ₹1.5 lakh |
|
Late ITR |
234F |
₹5,000 / ₹1,000 |
|
Interest |
234A |
1% per month |
|
Under-reporting |
270A |
50% tax |
|
Misreporting |
270A |
200% tax |
| Default | Section | Interest |
|---|---|---|
|
Short payment |
234B |
1% p.m. |
|
Instalment delay |
234C |
1% p.m. |
| Default | Section | Penalty |
|---|---|---|
|
Not deducted |
201 |
Assessee in default |
|
Not deposited |
201(1A) |
1.5% p.m. |
|
Late return |
234E |
₹200/day |
|
Wrong return |
271H |
₹10k–₹1L |
| Default | Section |
|---|---|
|
Wilful failure to file ITR |
276CC |
|
Wilful failure to deposit TDS |
276B |
Why Choose Us for Tax and Audit Services
Professional and Independent Approach
We carry out audits with independence, objectivity, and adherence to professional standards.
Accurate and Structured Process
Our audit process is well-planned and systematic, ensuring proper review and documentation.
Experience Across Sectors
We have experience in handling audit assignments for businesses across different industries and sizes.
Clear Reporting and Communication
We explain audit findings in a clear and understandable manner, helping clients take appropriate action.
Timely Completion
We plan our work carefully to complete audits within statutory timelines.
Confidential Handling of Information
All financial records and client information are handled with strict confidentiality and care.
Our Tax Audit Services
Tax Audit under Section 44AB
Audit Report Filing (Forms 3CA, 3CB, 3CD)
Compliance Review and Reporting
Income Tax Return Filing
TDS Filing and Compliance
Advance Tax Calculation and Planning
DISCLAIMER
Statutory provisions, limits, due dates, and penalties are subject to amendments and notifications. Professional advice is recommended before compliance decisions.
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