Direct Tax · Panaji, Goa
Reliable income tax audit under Section 44AB for businesses, professionals and firms in Goa — accurate Form 3CA / 3CB and 3CD, reconciled with your GST and TDS, and filed before the due date.
Overview
Once your turnover or receipts cross the Section 44AB thresholds, an income tax audit becomes mandatory — and the report must reach the department before the due date or face penalty. Beyond compliance, a careful audit catches disallowances and planning gaps before they cost you.
N D Savla & Associates prepares your Form 3CA/3CB and 3CD with precision, reconciles them against your GST records and TDS, and files the report and return together. For a deeper look at the statute, see our audit under the Income Tax Act page.
What's covered
From applicability to filing — handled by CAs.
Get a fixed-fee quote →Confirming whether Section 44AB applies based on turnover, receipts and cash limits.
Examination of books, vouchers, stock, depreciation and statutory dues.
The correct audit report format for your circumstances.
Accurate reporting of all prescribed clauses and disallowances.
Matching income with GST turnover and TDS to avoid mismatches.
Online filing and taxpayer acceptance ahead of the due date.
Our process
Confirm if and how 44AB applies to you.
Secure collection of books, returns and records.
Verification, reconciliation and accurate drafting.
Filing and acceptance ahead of deadline.
Frequently asked questions
The audit of a taxpayer's books required under Section 44AB, conducted by a Chartered Accountant. It verifies that income, deductions, turnover and compliance are correctly reported, resulting in Form 3CA or 3CB with particulars in Form 3CD.
Businesses with turnover above the prescribed limit — generally ₹1 crore, extended up to ₹10 crore where cash receipts and payments are each within 5% — and professionals with gross receipts above ₹50 lakh. Certain presumptive cases too.
Form 3CA where accounts are audited under another law, or Form 3CB where not. Form 3CD is the detailed statement of particulars filed with either — turnover, depreciation, payments, TDS, loans and disallowances.
Generally 30 September of the assessment year for the report, with the return due 31 October for audited taxpayers. Dates may be extended; we file early to be safe.
Under Section 271B, a penalty of 0.5% of turnover or gross receipts up to ₹1,50,000 may apply unless there is reasonable cause. Timely compliance avoids it.
Books of account, bank statements, sales and purchase data, GST and TDS returns, fixed-asset and depreciation details, loan confirmations and prior-year financials. We provide a checklist.
Yes. We prepare Form 3CA/3CB and 3CD, reconcile with GST and TDS, and file the income-tax return together for seamless year-end compliance.
Yes — to businesses, professionals and firms across Panaji, Margao, Vasco, Mapusa, Ponda and the rest of Goa.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll confirm applicability and get your Section 44AB report filed on time — no obligation.