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Powering Your Business with Seamless Tax Audit Support
Analysis
Your tax pro will analyze your tax problem for free and provide upfront pricing before getting started.
Implementation
Your tax pro will create a plan and work with you on the steps required to resolve the issue with the taxing authority.
Follow Up
You can expect follow a up from your tax pro, explaining your results and the steps required in order to remain compliant.
At newtaxage, our Tax Audit Support Strategy ensures a smooth and efficient audit process, keeping your business compliant with tax laws
1. Customized Planning: We create tailored audit plans based on your business needs, ensuring all documents are in order.
2.Proactive Guidance: Our experts provide continuous support to ensure accurate compliance with tax regulations.
3.Audit Representation: We handle communication with tax authorities, resolving any issues on your behalf.
4.Post-Audit Support: We assist with addressing any discrepancies or penalties, ensuring a quick resolution.
With our strategy, we simplify the audit process, minimize risks, and help your business stay compliant.
A Tax Audit is a detailed review of your financial records to ensure compliance with tax laws. It’s mandatory for businesses meeting specific turnover thresholds and helps verify tax return accuracy.
Tax audits can be complicated, and errors may lead to penalties. Our support streamlines the process by organizing your records, ensuring compliance, and minimizing risks at every stage, from preparation to post-audit.
Any business with a turnover exceeding ₹1 crore (₹5 crore for specific cases) needs a tax audit. Freelancers, professionals, and certain organizations may also be required to undergo an audit based on income or legal structure.
We assist with audit preparation by organizing your documents, provide compliance guidance to ensure your records align with tax laws, represent you during the audit, and offer post-audit support to resolve any discrepancies.
You’ll need financial statements (balance sheet, P&L), bank statements, tax returns, and receipts supporting income and expenses, among others, to ensure a smooth audit process.
Tax audits generally take a few weeks, depending on the complexity of your financials. With our support, we ensure the process is quick and efficient.
If discrepancies arise, we assist in addressing them, ensuring compliance, and helping resolve any issues or penalties that may come up.
The cost varies based on the complexity of your business. Contact us for a personalized quote.
Yes, we represent you throughout the audit, handling all communications with tax authorities on your behalf.
Get in touch via our contact form or phone to schedule a consultation and start the audit support process.
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