Under Section 44AB of the Income Tax Act, certain businesses and professionals are required to undergo a Tax Audit. This audit is mandatory in the following situations:

Businesses with a turnover exceeding Rs. 10 crore

• Businesses claiming deductions under specific sections of the Income Tax Act that cross a specified threshold
• Specific professions or business categories identified by the Income Tax Department

Adhering to the correct ITR filing date is crucial, and our expert auditors ensure that all documentation is submitted in a timely manner to avoid penalties.