TAX Audit
Welcome to JMS Consultancy - Your Trusted Partner for Tax Audit Services
At JMS Consultancy, we understand the complexities and challenges businesses face when it comes to tax audit compliance. That’s why we offer comprehensive tax audit services designed to ensure your business meets the requirements of the Income Tax Act 1961. Our team of experienced professionals is committed to providing accurate and efficient tax audit solutions tailored to your specific needs.
The Essentials of Tax Audits under Section 44AB
Tax audits under Section 44AB of the Income Tax Act, 1961, are mandatory for certain businesses and professionals. This section applies to entities with a specified turnover threshold, professionals with a specified gross receipt limit, and businesses claiming presumptive taxation under Sections 44AD, 44ADA, or 44AE. Our tax audit services encompass a thorough examination of your financial records, books of accounts, and compliance with tax laws to ensure adherence to the requirements outlined in Section 44AB.
Empowering Your Business through Comprehensive Tax Audit Solutions
At JMS Consultancy, we offer a range of services to support you in navigating the complexities of tax audits:
- Comprehensive Audit Preparation: We assist in gathering and organizing the necessary financial documents and records required for a tax audit, ensuring compliance with regulatory standards.
- Compliance Evaluation: Our experts review your financial statements, records, and transactions to identify any discrepancies or potential areas of non-compliance.
- Tax Planning and Optimization: We help optimize your tax position by identifying potential deductions, exemptions, and credits that can minimize your tax liability while ensuring compliance with tax laws.
- Representation and Support: Our team can represent you before tax authorities during the audit process, handling queries, clarifications, and resolving any issues that may arise.
Feel confident in partnering with JMS Consultancy for all your tax audit needs. Our experienced professionals are committed to delivering accurate, efficient, and customized solutions to ensure your business meets its compliance obligations. Contact us today to learn more about how we can assist you in navigating the complexities of tax audits under the Income Tax Act 1961.
Having Queries?
If you have any questions about JMS Consultancy, let us know. We will be happy to assist you in 24 hours.
E-mail: info@jmsconsultancy.com
Phone: +91- 9999674040