Statutory & Tax Audit in Taloja, Navi Mumbai
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 Taloja, Navi Mumbai, 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.
Taloja: the local picture for Audit Services
Taloja is the Taloja MIDC chemical and engineering belt. Taloja lies in Raigad district, Maharashtra. Its business mix is typical of an industrial and manufacturing area. Nearby areas we also serve include Kalamboli, Kharghar, Kamothe and Panvel. We serve clients in Taloja 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 Taloja come under the Registrar of Companies, Mumbai-II, at Navi Mumbai — set up from 16 February 2026 for Thane, Palghar, Raigad and five other districts. Income-tax appeals from Taloja 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.
Which audits does a business in Taloja 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 Taloja
- Audit-trail and internal-control review
- Statutory audit report and CARO 2020 report
- Tax audit report under the Income-tax Act
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 must an LLP be audited?
When its turnover exceeds ₹40 lakh or its partners' contribution exceeds ₹25 lakh in the financial year.
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 Taloja?
Companies with a registered office in Taloja come under the Registrar of Companies, Mumbai-II, at Navi Mumbai — set up from 16 February 2026 for Thane, Palghar, Raigad and five other districts. Income-tax appeals from Taloja 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 Taloja?
Yes. We also work with businesses in Kalamboli, Kharghar, Kamothe, Panvel and Palaspe and elsewhere in Navi Mumbai, on the same terms and online.
Do I need to visit your office from Taloja?
No. We serve Taloja 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.