Statutory & Tax Audit in Chikhli, Pune
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor carries out statutory audits of companies, tax audits, LLP audits and internal audits for businesses in Chikhli, Pune, online from our Mumbai office at Goregaon West, with meetings there or by video. Reports are signed by a chartered accountant and filed online with the MCA and the Income Tax Department.
Chikhli: the local picture for Audit Services
Chikhli lies in Pune district, Maharashtra, within the Pimpri Chinchwad Municipal Corporation. Its business mix is typical of an industrial and manufacturing area. Nearby areas we also serve include Akurdi, Nigdi, Bhosari MIDC and Pimpri. We serve clients in Chikhli online from our Mumbai office at Goregaon West, with meetings there or by video. For factories here, most audit time goes into inventory: physical verification, costing of work in progress and agreeing the stock statements given to the bank with the books. Companies with a registered office in Chikhli come under the Registrar of Companies, Pune. Income-tax appeals from Chikhli go to the Commissioner (Appeals) and then to the ITAT Pune Bench; writs lie to the Bombay High Court.
What is a statutory audit?
An audit is an independent chartered accountant's examination of your books and financial statements. Company audits are compulsory under the Companies Act, 2013; tax audits and LLP audits apply above set turnover or contribution limits.
Which audits does a business in Chikhli need?
Every company, whatever its size, must have its financial statements audited (sections 139 and 143 of the Companies Act, 2013). Most companies also need a CARO 2020 report; small companies, one person companies and private companies within the CARO exemption limits do not.
A tax audit is required when business turnover exceeds ₹1 crore, or ₹10 crore where cash receipts and cash payments are each within 5% of the total, and when a profession's gross receipts exceed ₹50 lakh. Under the Income-tax Act, 2025 the requirement sits in section 63 (formerly section 44AB of the 1961 Act).
An LLP must be audited when its turnover exceeds ₹40 lakh or its partners' contribution exceeds ₹25 lakh in a financial year.
What do we check that clients often miss?
Since 1 April 2023 a company's accounting software must keep an audit trail (edit log) that cannot be disabled, and the auditor reports on it. We also test related-party transactions, stock records and statutory dues, because these are the commonest CARO qualifications.
If an auditor finds a fraud of ₹1 crore or more, section 143(12) requires a report to the Central Government in Form ADT-4; smaller frauds are reported to the audit committee or board.
Full details of a statutory audit, including the law, the process and our method: https://virtualauditor.in/statutory-audit-services-india
What you get from Virtual Auditor in Chikhli
- Internal audit and stock audit
- Audit-trail and internal-control review
- Statutory audit report and CARO 2020 report
Documents to keep ready
- Loan, lease and major contract documents
- Board and shareholder minutes
- Trial balance, ledgers and bank statements for the year
Indicative Fee Structure
| Service | Fee |
|---|---|
| Statutory audit (private company) | From ₹25,000 |
| Consultation | Complimentary 30 minutes |
*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.
Frequently Asked Questions
When is a tax audit required?
When business turnover exceeds ₹1 crore (₹10 crore if cash receipts and payments are each within 5%), or a profession's gross receipts exceed ₹50 lakh, and in some presumptive-tax cases where lower profits are declared.
How long does an audit take?
For a small company with clean books, usually two to three weeks from the date we receive the trial balance and supporting records. Groups, stock-heavy businesses and first-year audits take longer.
Which offices deal with a statutory audit for a business in Chikhli?
Companies with a registered office in Chikhli come under the Registrar of Companies, Pune. Income-tax appeals from Chikhli go to the Commissioner (Appeals) and then to the ITAT Pune Bench; writs lie to the Bombay High Court.
Do you also handle a statutory audit for businesses near Chikhli?
Yes. We also work with businesses in Akurdi, Nigdi, Bhosari MIDC, Pimpri and Nehru Nagar and elsewhere in Pune, on the same terms and online.
Do I need to visit your office from Chikhli?
No. We serve Chikhli online from our Mumbai office at Goregaon West, with meetings there or by video. Documents are shared securely online, filings are signed with a digital signature, and meetings are by video or at our office by appointment. Call +91 99622 60333 or email support@virtualauditor.in.