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India · Service

Statutory, Tax & Internal Audit in India

Statutory, tax and internal audit delivered as assurance you can stand behind, not a year-end formality, but a defensible record for boards, lenders and the department.

Overview

Assurance that withstands scrutiny.

An audit is only worth what it can defend. We deliver statutory, tax and internal audits that give boards and lenders genuine comfort and give the tax department little to question, combining technical rigour with an understanding of where exposure actually sits.

◆Companies and LLPs requiring statutory or tax audit
◆Groups needing internal audit and controls review
◆Businesses preparing for a lender, investor or due diligence
◆Entities needing a restated or clean set of historical accounts
What’s Included

Audit that produces a defensible file.

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Statutory Audit

Audit under the Companies Act with a defensible opinion and working papers.

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Tax Audit

Audit and reporting under Section 44AB with the positions documented.

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Internal Audit

Controls testing, process review and a practical remediation plan.

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Due-Diligence Support

Vendor or buy-side financial diligence and data-room readiness.

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Compliance Review

A check of direct, indirect and ROC compliance before someone else finds the gap.

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Restatement & Clean-Up

Historical accounts corrected and made audit-ready.

How We Work

From ledgers to a defensible opinion.

01

Scope

We agree the audit scope, risk areas and timeline.

02

Test

We test balances, controls and tax positions.

03

Report

We issue the opinion with working papers that hold up.

04

Strengthen

We hand you findings and a remediation plan.

Why LexVerge

An audit that protects you later.

Statutory AuditTax Audit 44ABInternal AuditICFRControls TestingDue DiligenceForm 3CDCompanies ActInd ASRemediation

We audit so the file defends itself when a lender, investor or assessing officer reads it back to you.

FAQ

Audit, answered.

Do we need a tax audit, a statutory audit, or both?
It depends on entity type and turnover. Companies generally require a statutory audit; businesses above the tax audit thresholds (section 44AB, now section 63 of the Income-tax Act, 2025) also require a tax audit. We confirm what applies and deliver both where needed.
Can you audit historical years that were never properly closed?
Yes. We restate and clean up historical accounts and bring them to an auditable, defensible state.
Will your audit help with a lender or investor?
That is the point. We produce working papers and an opinion that give external parties genuine comfort and survive their own diligence.
India · LexVerge

Get an audit that defends itself.

Book a consultation to scope a statutory, tax or internal audit that gives your board and lenders real assurance.

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