At Harchandani & Associates, we specialize in delivering top-notch audit and assurance services tailored to meet your specific business needs. Our team of seasoned professionals is committed to ensuring the integrity and reliability of your financial information while helping you navigate complex regulatory requirements. With our meticulous attention to detail and unwavering commitment to excellence, we have earned a reputation as one of the leading audit firms in Ahmedabad.
Our comprehensive range of audit and assurance services includes:Every company registered under the Companies Act, 2013 — including private limited, public limited, and OPCs — must undergo a statutory audit by a Chartered Accountant, regardless of size or turnover. LLPs with annual turnover exceeding ₹40 lakh or capital contribution exceeding ₹25 lakh are also required to conduct an audit.
A tax audit under Section 44AB is mandatory for businesses with turnover exceeding ₹1 crore (₹10 crore if 95% of transactions are digital) and professionals with gross receipts exceeding ₹50 lakh. The purpose is to verify that books of accounts are correctly maintained and income is properly declared. The report must be filed in Form 3CA/3CB with Form 3CD before the due date.
A statutory audit is a legally mandated independent examination of financial statements providing assurance to shareholders and regulatory authorities. An internal audit is an operational review of internal controls, risk management, and governance — primarily for management's benefit. Statutory audit scope is fixed by law; internal audit scope and frequency are determined by the organisation itself.
Form 15CB is a CA certificate confirming TDS has been correctly deducted on a remittance to a non-resident under Section 195 of the Income Tax Act. It is required before making foreign remittances exceeding ₹5 lakh per year (or where tax liability exists regardless of amount). The CA verifies the nature of payment, applicable DTAA provisions, and correct TDS rate before issuing the certificate.
A due diligence audit examines the target company's financials, tax compliance history, pending litigation, contingent liabilities, related-party transactions, and asset quality before a merger or acquisition. It helps the buyer identify undisclosed liabilities, earnings quality issues, and valuation risks — and can re-price the transaction, trigger renegotiation of warranties, or prevent a costly mistake entirely.