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πŸ“ Pune, Maharashtra  |  FRN: 139499W/W100169  |  ✦ Peer Review No. 022006
Homeβ€Ί Servicesβ€Ί Audit & Assurance
Practice Area 01

Audit & Assurance

Our audit practice is the bedrock of the firm β€” built on technical rigour, auditor independence, and the quality assurance of a peer-reviewed practice. We conduct statutory, tax, internal, and special-purpose audits with zero compromise on standards.

✦ Peer Reviewed Practice Our audit processes have been independently certified by the ICAI Peer Review Board β€” the highest quality standard for CA firms in India. Learn More β†’
01
🏒

Statutory Audit

Companies Act 2013 Β· ISAs Β· SQC-1

We conduct statutory audits of companies, LLPs, trusts, societies, and other entities as mandated by law β€” with full adherence to Indian Standards on Auditing and our peer-reviewed quality framework.

Who this is for

Private Limited CompaniesPublic Companies LLPsTrusts & NGOs Co-operative SocietiesSection 8 Companies
Why our statutory audit is different

As a peer-reviewed firm, every statutory audit engagement is conducted under SQC-1 β€” with documented engagement letters, working papers, quality reviews, and sign-off procedures. Not a formality; a genuine quality process.

What's included

Audit planning and risk assessment
Substantive testing and analytical review
Internal control evaluation and reporting
Independent auditor's report (Section 143)
CARO 2020 reporting where applicable
Management letter with observations
Related party transactions review
Going concern assessment

Our audit process

1
Engagement & planning

Engagement letter, audit scope, materiality determination, risk identification.

2
Fieldwork & testing

Substantive procedures, transaction testing, ledger scrutiny, physical verification.

3
Internal quality review

Partner review of working papers before report sign-off β€” SQC-1 compliant.

4
Report & management letter

Audit report, management observations, and Board presentation if required.

02
πŸ“„

Tax Audit
(Form 3CD)

Section 44AB Β· Form 3CA/3CB Β· Form 3CD

Comprehensive tax audit under Section 44AB of the Income Tax Act β€” covering Form 3CD preparation, all clauses and annexures, and certification of turnover and gross receipts with precision and on-time delivery.

Who this is for

Businesses above β‚Ή1 Cr turnoverProfessionals above β‚Ή50L Companies (mandatory)Firms & LLPs

What's included

Form 3CA / 3CB preparation
All 44 clauses of Form 3CD
Turnover & gross receipts certification
Disallowances under Sections 30–37
TDS / TCS compliance review
Related party transaction reporting
MSME payment compliance (Section 43B)
e-filing on Income Tax Portal
Deadline adherence

Tax audit deadline is 30th September (31st October if also subject to transfer pricing). We start engagements early and build in review time β€” no last-minute rush submissions.

03
πŸ”

Internal Audit
& Risk

Risk-Based Β· Process-Focused Β· Actionable

Our internal audit practice goes beyond tick-box compliance. We conduct risk-based, process-focused internal audits that identify control gaps, operational inefficiencies, and compliance lapses β€” and give management concrete, implementable recommendations.

Who this is for

Manufacturing companiesNBFCs Co-operative banksListed companies Large private companies

What's included

Annual internal audit plan and risk matrix
Process audits β€” purchase, sales, payroll, capex
Internal control design and effectiveness review
Surprise / concurrent audit for high-risk areas
Quarterly / half-yearly internal audit reports
Audit committee presentation support
Fraud risk assessment
Management action tracking (MAT)
04
🏦

Bank & Concurrent Audit

Nationalised Banks Β· Co-op Banks Β· RBI Guidelines

We conduct branch statutory audits, concurrent audits, and LFAR reporting for nationalised banks and co-operative banks β€” in full compliance with RBI guidelines, NABARD directives, and applicable auditing standards.

Who this is for

Nationalised bank branchesCo-operative banks Urban co-operative banksRRBs

What's included

Branch statutory audit report
Long Form Audit Report (LFAR)
Concurrent audit β€” monthly reports
NPA identification and provisioning review
Advances and credit review
KYC / AML compliance checking
Revenue / income leakage review
RBI compliance certificate
05
πŸ“¦

Stock & Fixed Asset Audit

Physical Verification Β· Valuation Β· Reconciliation

Physical verification and valuation of inventory and fixed assets β€” including reconciliation with books, identification of discrepancies, obsolescence review, and certification for banks, insurance, or regulatory purposes.

Who this is for

Manufacturing companiesTrading businesses Bank borrowersListed companies

What's included

Physical stock count and verification
Inventory valuation certificate
Fixed asset physical verification
Asset tagging and register reconciliation
Obsolete / slow-moving stock identification
Bank stock audit reports (hypothecation)
Insurance valuation certification
Variance analysis and management report
06
βœ…

Special Purpose Audits

CSR Β· Grant Β· Project Β· Forensic Support

Project completion audits, CSR utilisation audits, grant audits for NGOs and government schemes, and forensic audit support β€” tailored to specific regulatory, donor, or legal requirements.

Who this is for

NGOs & Section 8 CompaniesCSR spending companies Government grant recipientsProject-based organisations

What's included

CSR utilisation audit and Form CSR-2 support
Grant utilisation certificate (FCRA / government)
Project completion audit report
Diversion of funds investigation
12A / 80G renewal audit support
Forensic audit report for legal proceedings
Due diligence for donor / investor review
Certification for regulatory submissions
Talk to Our Audit Partner

All audit engagements are directly supervised by a partner. Reach out for a no-obligation discussion about your audit requirements.

CA Gajanan Kondhare
CA CA Gajanan N. Kondhare Founding Partner β€” Audit & Assurance
Request Engagement

Need an Audit? Let's Start a Conversation.

We respond within 24 business hours. All enquiries are handled with strict confidentiality.