Last updated: 17 Oct 2026

Virtual Auditor

Audit Services in Bihar

Last updated: 17 Oct 2026

Quick answer: Virtual Auditor provides statutory audit & assurance services for businesses in Bihar — remotely, with meetings by video or at our Mumbai office. Company filings for Bihar are made with ROC-cum-OL Patna. Starts from ₹35,000 + 18% GST professional fees (govt fees extra); Standard turnaround is 7–10 working days.

Bihar — the local picture for statutory audit & assurance services

Bihar's corporate activity centres on Patna's trading houses, the Hajipur and Bihta industrial areas, agro-processing of rice, maize and makhana, and large public infrastructure spending. The Bihar Industrial Investment Promotion Policy gives capital and interest subsidies to new units, and the state has one of India's fastest-growing GST registration bases from a low base. Companies file with ROC-cum-OL Patna and litigate before the Patna High Court, with NCLT matters heard at Kolkata. For statutory audit & assurance services this means reports are filed with ROC-cum-OL Patna and relied on by the Pr. CCIT Bihar & Jharkhand (Patna) charge and the Bihar GST administration.

What is statutory audit & assurance services? Statutory audit, tax audit (44AB), internal audit, GST audit, concurrent audit, and stock audit by FCA-led practice.

Statutory Audit & Assurance Services is a professional service offered by Virtual Auditor, an AI-powered CA and IBBI Registered Valuer firm (IBBI/RV/03/2019/12333) led by CA V. Viswanathan (FCA, ACS, CFE, IBBI RV), serving clients in Bihar since 2012.

Statutory Audit & Assurance Services in Bihar

The ROC Patna handles company registrations and filings for Bihar. Stamp duty: As per state schedule. Professional tax: applicable in Bihar at the state slab rates.

Full service details, methodology and statutory references: https://virtualauditor.in/statutory-audit-services-india

Bihar-Specific Compliance Information

ROC Office | ROC Patna

State Capital | Patna

Stamp Duty | As per state schedule

Professional tax | applicable in Bihar at the state slab rates

Pincode (Capital) | 800001

Indicative Fee Structure

ServiceFee
Audit ServicesStarts from ₹35,000 + 18% GST + govt fees
ConsultationComplimentary 30 minutes

*Prices are indicative. Actual fees depend on complexity and regulatory requirements. Contact us for a detailed quote.

Engagement terms — reviewed 25 October 2026

  • Fee: Tax audit under section 44AB from ₹35,000 + 18% GST. Statutory audit, internal audit and GST audit are quoted against scope and size.
  • Extra / not included: Preparation of the financial statements and bookkeeping are separate from the audit.
  • Turnaround: Agreed per scope in the engagement letter, counted in working days from receipt of complete information and the advance payment; statutory due dates are met when books are closed at least 20 working days before them.
  • Who signs: The audit report is signed by V. Viswanathan FCA or another qualified Chartered Accountant of the practice, depending on the engagement.
  • Entity: Engagement letter and invoice are issued by V Viswanathan & Associates, Chartered Accountants (FRN 013713S), the proprietary firm of V. Viswanathan.
  • What to send first: Send trial balance and ledgers, previous year's audit report, fixed-asset register, and the list of related parties.
  • Next step: Send your enquiry on WhatsApp to +91 99622 60333; we confirm the scope, fee and timeline in writing before work starts.

What has changed in the law — reviewed October 2026

  • Income-tax Act, 2025 is in force from 1 April 2026; the section numbers on this page are those of the Income-tax Act, 1961, which continues to govern assessment years up to 2026-27.

Frequently Asked Questions

Which Registrar of Companies handles filings for a company in Bihar?
ROC-cum-OL Patna has jurisdiction over companies with a registered office in Bihar. Virtual Auditor files SPICe+, PAS-3, SH-7 and annual returns with that office on your behalf.
Which High Court has jurisdiction over Bihar?
Writ petitions and appeals from Bihar lie before the Patna High Court.
Do you have an office in Bihar?
No. Bihar is served remotely from our Mumbai office: documents are exchanged online, filings are made on the MCA, GST and income-tax portals, and meetings are held by video or at that office by appointment.
Which audit or review applies, and what will the work actually cover?
Every company needs a statutory audit of its financial statements by a chartered accountant appointed under section 139 of the Companies Act, reporting under section 143 and, where it applies, the CARO 2020 order and on internal financial controls. An LLP needs an audit when its turnover exceeds ₹40 lakh or its contribution exceeds ₹25 lakh. A tax audit is needed when business turnover or professional receipts cross the income-tax limits. An internal audit is required for prescribed classes of companies (section 138). A statutory auditor cannot also provide certain other services to the same company (section 144). We confirm which audits apply, agree the scope and timetable in an engagement letter, and list the records needed.

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Statutory & Internal Audit Engagements in Bihar

ROC filings route to ROC Patna, and any Section 139 auditor-rotation or NFRA reportable matter is escalated through that ROC.

The economic mix of Bihar runs across small-scale engineering, cement (Bhojpur, Rohtas), sugar — sectors that consistently dominate the regulatory case-load and the profile of the engagements we field from this jurisdiction. Notable industrial enclaves include food processing parks at Begusarai and Muzaffarpur. On the AD-Bank side, SBI Patna lead bank with PNB, Bank of Baroda also providing AD-I services; FEMA filings of any complexity often referred to Kolkata AD branches.

Bihar's Industrial Investment Promotion Policy 2016 (renewed 2022) offers up to 30% capital subsidy for textile units and 15% for general manufacturing, plus reimbursement of stamp duty and electricity duty.

Section 143(3) Reportable Matters in Bihar

Bihar-region industry exposure (agro-processing (rice, maize, makhana — Bihar accounts for 85% of India's makhana output), leather (Muzaffarpur)) typically drives audit attention to inventory verification, related-party transactions, and contingent-liability disclosure.

Engagement — Bihar Coverage

Virtual Auditor's audit practice covers statutory audit (SA 200-720, CARO 2020), tax audit (Section 44AB), internal audit, ICFR testing, IFCR opinions for IFC-applicable companies, GST audit, transfer-pricing audit (Form 3CEB), bank concurrent and statutory branch audits — for entities anchored at ROC Patna. Free 30-minute consultation: +91 99622 60333.

Bihar: compliance facts for statutory audit & assurance services

Bihar's corporate activity centres on Patna's trading houses, the Hajipur and Bihta industrial areas, agro-processing of rice, maize and makhana, and large public infrastructure spending. The Bihar Industrial Investment Promotion Policy gives capital and interest subsidies to new units, and the state has one of India's fastest-growing GST registration bases from a low base. Companies file with ROC-cum-OL Patna and litigate before the Patna High Court, with NCLT matters heard at Kolkata. For statutory audit & assurance services this means reports are filed with ROC-cum-OL Patna and relied on by the Pr. CCIT Bihar & Jharkhand (Patna) charge and the Bihar GST administration.

Which authorities handle statutory audit & assurance services for a business in Bihar?

Registrar of CompaniesROC-cum-OL Patna
Income-tax region (Pr. CCIT)Pr. CCIT Bihar & Jharkhand (Patna)
GST state code10
High CourtPatna High Court
Nearest Virtual Auditor officeMumbai office — Workafella, AK Estate, SV Road, off Veer Savarkar Flyover, Goregaon West, Mumbai (about 1,741 km by road from Bihar)

Bihar companies file with ROC-cum-OL Patna; writ remedies lie before the Patna High Court; tax appeals go to the ITAT Patna.

Statutory references for this service are on the national statutory audit & assurance services page: https://virtualauditor.in/statutory-audit-services-india

Checked 2026-10-14 against MCA · NCLT · CBIC · ITAT.

Virtual Auditor across India

What has changed in the law — reviewed October 2026

Full note on the national page.