Statutory & Tax Audit in Gorai, Mumbai

Last updated: 15 Oct 2026

Gorai: the local picture for Audit Services

Gorai lies in Mumbai Suburban district, Maharashtra. Its business mix is typical of a residential neighbourhood with shops, clinics and home-based businesses. Nearby areas we also serve include Borivali West, Mandapeshwar, Borivali East and Kandivali West. We serve clients in Gorai from our Mumbai office at Workafella, Goregaon West. Small companies and professionals here mostly need their first statutory audit set up properly — books, registers and the auditor's appointment on record. Companies with a registered office in Gorai come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. Income-tax appeals from Gorai go to the Commissioner (Appeals) and then to the ITAT Mumbai Benches; 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.

How is the auditor appointed and changed?

The board appoints a new company's first auditor within 30 days of incorporation (section 139(6)). After that the members appoint the auditor at the annual general meeting for a term of five years (section 139(1)), and the company files Form ADT-1 within 15 days. Resignations are reported in ADT-3.

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 Gorai

  • Tax audit report under the Income-tax Act
  • LLP, trust and society audits
  • Internal audit and stock audit

Documents to keep ready

  • Fixed-asset and stock registers
  • GST returns and TDS statements
  • Loan, lease and major contract documents

Indicative Fee Structure

ServiceFee
Statutory audit (private company)From ₹25,000
ConsultationComplimentary 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

Does a small private company need a statutory audit?

Yes. Every company needs an audit under the Companies Act, 2013, however small. Small companies are exempt from CARO 2020 reporting, not from the audit.

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.

Which offices deal with a statutory audit for a business in Gorai?

Companies with a registered office in Gorai come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. Income-tax appeals from Gorai go to the Commissioner (Appeals) and then to the ITAT Mumbai Benches; writs lie to the Bombay High Court.

Do you also handle a statutory audit for businesses near Gorai?

Yes. We also work with businesses in Borivali West, Mandapeshwar, Borivali East, Kandivali West and Kandivali East and elsewhere in Mumbai, on the same terms and online.

Do I need to visit your office from Gorai?

No. We serve Gorai from our Mumbai office at Workafella, Goregaon West. 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.

Gorai, Mumbai: compliance facts for Audit Services

For a statutory audit in Gorai, Mumbai: Companies with a registered office in Gorai come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. Income-tax appeals from Gorai go to the Commissioner (Appeals) and then to the ITAT Mumbai Benches; writs lie to the Bombay High Court.

Which authorities handle Audit Services for a business in Gorai?

StateMaharashtra
DistrictMumbai Suburban
Registrar of CompaniesRegistrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts
High CourtBombay High Court
Income-tax appeals (second appeal)ITAT Mumbai Benches
Professional tax₹200 a month (₹300 in February) for men earning above ₹10,000 a month, ₹175 between ₹7,501 and ₹10,000; women earning up to ₹25,000 a month are exempt (Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975)
Shops and establishments lawMaharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 — registration for 10 or more workers, an intimation below that
Nearest Virtual Auditor officeMumbai office — Workafella, AK Estate, SV Road, Goregaon West, Mumbai

Checked 2026-10-15 against MCA · PIB (ROC and RD offices) · NCLT · CBIC · ITAT.

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What has changed in the law — reviewed October 2026

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