Internal Audit
Tax Audit
GST Audit
Audit & Assurance Services in Pune
Reliable financial reporting builds stakeholder confidence, satisfies regulatory requirements, and strengthens your organisation’s credibility with banks, investors, and government authorities. CA D P Shewale & Co LLP delivers thorough, cost-effective audit and assurance solutions tailored for small and medium enterprises, large corporates, traders, NGOs, and individual professionals across Pune and Maharashtra.
Our Approach to Auditing
We go beyond mere compliance. Our audit methodology combines risk-based planning, substantive testing, and analytical procedures to identify material misstatements, internal control weaknesses, and process improvement opportunities. We engage with our clients on a continuous basis throughout the financial year to ensure timely adherence to statutory and regulatory deadlines, rather than treating audit as a last-minute exercise.
Audit & Assurance Services We Offer
Comprehensive audit solutions for companies, LLPs, NGOs, traders, and professionals across all applicable regulatory frameworks.
Statutory Audit
Independent examination of financial statements under the Companies Act, 2013, in compliance with ICAI Standards on Auditing (SAs), including CARO reporting and Auditor’s Report preparation.
Internal Audit
Evaluation of internal controls, operational efficiency, and risk management frameworks. We provide actionable recommendations to strengthen governance and reduce financial leakage.
Income Tax Audit u/s 44AB
Preparation and certification of Form 3CA/3CB and Form 3CD for businesses and professionals exceeding the prescribed turnover thresholds under the Income Tax Act, 1961.
Stock Audit
Physical verification and valuation of inventory for banks, NBFCs, and businesses to ensure accurate reporting and collateral assessment for credit facilities.
GST Audit & Reconciliation
Reconciliation of GST returns with books of accounts, verification of Input Tax Credit claims, and identification of compliance gaps under the CGST Act, 2017.
Who Needs an Audit?
Audit requirements vary by entity type, turnover, and applicable law. Here is a quick reference:
- All Companies — Statutory audit mandatory regardless of turnover under the Companies Act, 2013
- LLPs — Audit required when turnover exceeds Rs 40 lakh or contribution exceeds Rs 25 lakh
- Businesses — Tax audit u/s 44AB if turnover exceeds Rs 1 crore (Rs 10 crore if 95% transactions are digital)
- Professionals — Tax audit mandatory when gross receipts exceed Rs 50 lakh in a financial year
- NGOs & Trusts — Audit required for tax exemption claims and grant compliance reporting
- Bank Borrowers — Stock audit required by lending banks for inventory-backed credit facilities
Frequently Asked Questions
Who needs a statutory audit in India?
What is the difference between internal audit and statutory audit?
When is a tax audit required?
Related Services
Our audit practice works closely with our other service lines to provide integrated support:
Need an audit done right?
Talk to our team for a no-obligation discussion on your audit requirements.