Last updated: 17 Oct 2026

Virtual Auditor

Audit Services in Madhya Pradesh

Last updated: 17 Oct 2026

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

Madhya Pradesh — the local picture for statutory audit & assurance services

Madhya Pradesh's commercial centres are Indore (the state's trading, pharma and IT hub), Bhopal (administration and services), Pithampur (auto and engineering) and the soybean and wheat processing belt. The state's industrial promotion policy offers investment subsidies, and Indore hosts the NCLT bench and the main ITAT bench. Companies file with ROC Gwalior, and the Madhya Pradesh High Court sits at Jabalpur with benches at Indore and Gwalior. For statutory audit & assurance services this means reports are filed with ROC Gwalior and relied on by the Pr. CCIT Madhya Pradesh & Chhattisgarh (Bhopal) charge and the Madhya Pradesh 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 Madhya Pradesh since 2012.

Statutory Audit & Assurance Services in Madhya Pradesh

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

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

Madhya Pradesh-Specific Compliance Information

ROC Office | ROC Gwalior

State Capital | Bhopal

Stamp Duty | As per state schedule

Professional tax | applicable in Madhya Pradesh at the state slab rates

Pincode (Capital) | 462001

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 Madhya Pradesh?
ROC Gwalior has jurisdiction over companies with a registered office in Madhya Pradesh. Virtual Auditor files SPICe+, PAS-3, SH-7 and annual returns with that office on your behalf.
Which High Court has jurisdiction over Madhya Pradesh?
Writ petitions and appeals from Madhya Pradesh lie before the Madhya Pradesh High Court (Jabalpur).
Do you have an office in Madhya Pradesh?
No. Madhya Pradesh 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 Madhya Pradesh

ROC filings route to ROC Mumbai (MP under ROC Mumbai jurisdiction), and any Section 139 auditor-rotation or NFRA reportable matter is escalated through that ROC.

The economic mix of Madhya Pradesh runs across automotive (Pithampur cluster), cement (Satna), soybean & oilseeds processing (Indore-Ujjain — Madhya Pradesh is India's largest soyabean producer) — sectors that consistently dominate the regulatory case-load and the profile of the engagements we field from this jurisdiction. Notable industrial enclaves include Pithampur SEZ (auto-led), Indore IT/ITES SEZ. On the AD-Bank side, Indore is the AD-I hub; SBI, HDFC and Axis at Indore handle most MP soyabean-export and pharma FEMA filings.

Madhya Pradesh is India's largest producer of soyabean, pulses and garlic, and the IT-ITES Investment Promotion Policy 2023 offers up to 40% capex subsidy and stamp-duty exemption for IT units.

Section 143(3) Reportable Matters in Madhya Pradesh

Madhya Pradesh-region industry exposure (soybean & oilseeds processing (Indore-Ujjain — Madhya Pradesh is India's largest soyabean producer), cement (Satna)) typically drives audit attention to inventory verification, related-party transactions, and contingent-liability disclosure.

Engagement — Madhya Pradesh 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 Mumbai (MP under ROC Mumbai jurisdiction). Free 30-minute consultation: +91 99622 60333.

Madhya Pradesh: compliance facts for statutory audit & assurance services

Madhya Pradesh's commercial centres are Indore (the state's trading, pharma and IT hub), Bhopal (administration and services), Pithampur (auto and engineering) and the soybean and wheat processing belt. The state's industrial promotion policy offers investment subsidies, and Indore hosts the NCLT bench and the main ITAT bench. Companies file with ROC Gwalior, and the Madhya Pradesh High Court sits at Jabalpur with benches at Indore and Gwalior. For statutory audit & assurance services this means reports are filed with ROC Gwalior and relied on by the Pr. CCIT Madhya Pradesh & Chhattisgarh (Bhopal) charge and the Madhya Pradesh GST administration.

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

Registrar of CompaniesROC Gwalior
Income-tax region (Pr. CCIT)Pr. CCIT Madhya Pradesh & Chhattisgarh (Bhopal)
GST state code23
High CourtMadhya Pradesh High Court (Jabalpur)
Nearest Virtual Auditor officeMumbai office — Workafella, AK Estate, SV Road, off Veer Savarkar Flyover, Goregaon West, Mumbai (about 787 km by road from Madhya Pradesh)

Madhya Pradesh companies file with ROC Gwalior; writ remedies lie before the Madhya Pradesh High Court (Jabalpur); tax appeals go to the ITAT Indore.

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.