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Audit Guides
Practical audit guides, prepared and reviewed by chartered accountants.
What this category covers
Several different audits can apply to the same business in the same year, each under its own law and with its own report. These guides set out what a statutory audit under the Companies Act, a tax audit under Section 44AB and an internal audit under Section 138 are each for, who they apply to, and the turnover and profit thresholds that trigger them. Thresholds are revised periodically, so check the limit for the year you are reporting on.
All audit guides
Tax Audit under Section 44AB: Limits and Applicability
Find out whether a tax audit applies to you: turnover and receipt limits, presumptive scheme cases, due dates and the penalty for missing it.
4 min · 3 Oct 2026
Statutory Audit vs Tax Audit vs Internal Audit
Understand the differences between statutory, tax and internal audit: who needs each, who conducts it and what it covers. A simple comparison.
4 min · 3 Oct 2026
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