Statutory & Tax Audit in Hampi Nagar, Bangalore
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 Hampi Nagar, Bangalore, from our Bengaluru office at Mahalakshmi Chambers, MG Road. Reports are signed by a chartered accountant and filed online with the MCA and the Income Tax Department.
Hampi Nagar: the local picture for Audit Services
Hampi Nagar lies in Bengaluru Urban district, Karnataka. Its business mix is typical of a residential neighbourhood with shops, clinics and home-based businesses. Nearby areas we also serve include Vijayanagar, Magadi Road, Deepanjali Nagar and Nayandahalli. We serve clients in Hampi Nagar from our Bengaluru office at Mahalakshmi Chambers, MG Road. 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 Hampi Nagar come under the Registrar of Companies, Bangalore (Kendriya Sadan, Koramangala). Income-tax appeals from Hampi Nagar go to the Commissioner (Appeals) and then to the ITAT Bangalore Benches; writs lie to the High Court of Karnataka.
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 Hampi Nagar
- Statutory audit report and CARO 2020 report
- Tax audit report under the Income-tax Act
- LLP, trust and society audits
Documents to keep ready
- Trial balance, ledgers and bank statements for the year
- Fixed-asset and stock registers
- GST returns and TDS statements
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.
When must an LLP be audited?
When its turnover exceeds ₹40 lakh or its partners' contribution exceeds ₹25 lakh in the financial year.
Which offices deal with a statutory audit for a business in Hampi Nagar?
Companies with a registered office in Hampi Nagar come under the Registrar of Companies, Bangalore (Kendriya Sadan, Koramangala). Income-tax appeals from Hampi Nagar go to the Commissioner (Appeals) and then to the ITAT Bangalore Benches; writs lie to the High Court of Karnataka.
Do you also handle a statutory audit for businesses near Hampi Nagar?
Yes. We also work with businesses in Vijayanagar, Magadi Road, Deepanjali Nagar, Nayandahalli and Nagarbhavi and elsewhere in Bangalore, on the same terms and online.
Do I need to visit your office from Hampi Nagar?
No. We serve Hampi Nagar from our Bengaluru office at Mahalakshmi Chambers, MG Road. 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.