Audit Services
Comprehensive audit services ensuring compliance and transparency for your housing society
Professional Audit Services
Our audit services ensure complete compliance with the Co-operative Act and all applicable regulations. We provide comprehensive audit solutions including statutory audit, internal audit, tax audit, and GST audit with detailed reporting and rectification support.
Statutory Audit
Mandatory annual audit as per the Maharashtra Co-operative Societies Act. We conduct thorough examination of books of accounts, financial statements, and compliance with all statutory requirements.
What We Audit
- Books of Accounts
- Balance Sheet & Income & Expenditure Account
- Statutory Registers
- Compliance with Co-operative Act
Benefits
- ICAI Registered Auditors
- Timely Submission to Registrar
- Detailed Audit Report
- Compliance Certificate
Internal Audit
Regular internal audits to identify and rectify issues before statutory audit. Helps in maintaining proper financial discipline and preventing fraud.
Quarterly Reviews
Regular quarterly internal audits to ensure ongoing compliance
Risk Assessment
Identification of financial and operational risks
Process Improvement
Recommendations for improving internal controls
Tax Audit
Mandatory tax audit under Income Tax Act when turnover exceeds specified limits. We ensure compliance with all tax regulations and timely filing.
Key Features
- Form 3CD Preparation
- Tax Compliance Verification
- TDS Compliance Check
- Income Tax Return Support
GST Audit
Annual GST audit for societies with turnover above threshold. Comprehensive review of GST returns, input tax credit, and compliance with GST laws.
Audit Scope
- GSTR-9 & GSTR-9C Filing
- Input Tax Credit Verification
- GST Compliance Review
- Reconciliation of Returns
Audit Rectification Report
Preparation of detailed rectification reports addressing audit observations and ensuring compliance with all requirements.
Services Include
- Detailed Observation Analysis
- Rectification Action Plan
- Implementation Support
- Follow-up Compliance
How We Work
Planning
We plan the audit schedule and gather all necessary documents
Execution
Thorough examination of books, records, and compliance
Reporting
Detailed audit report with observations and recommendations
Support
Ongoing support for rectification and compliance
Need Professional Audit Services?
Get in touch with our ICAI registered auditors