Expert Audit & Assurance Services Across India

A statutory audit is a legally mandated examination of a company's financial records to ensure they present a true and fair view. Every company registered under the Companies Act 2013 must undergo annual audit. Our team audits private limited, public limited, Section 8, and government companies - ensuring compliance with Ind AS and CARO 2020.

Tax audit under Section 44AB is mandatory when business turnover exceeds ₹1 crore (₹10 crore with ≤5% cash) or professional receipts exceed ₹50 lakh. We file Tax Audit Report in Form 3CA/3CB along with Form 3CD covering all clauses including disallowances, capital vs. revenue expenditure, inventory valuation, and TDS compliance.

While compulsory CA GST audit was removed August 2021, businesses with turnover >₹5 crore must self-certify GSTR-9C. GST authorities can still initiate departmental audits under Section 65 and special audits under Section 66. We provide end-to-end support from annual return prep to DGGI investigation defence.

As RBI Empaneled auditors, we conduct statutory branch audits, concurrent audits, and revenue audits for nationalized banks, cooperative banks, and RRBs. Engagements include LFAR preparation, NPA classification, income recognition, and compliance with RBI Master Circulars on capital adequacy and KYC/AML norms.

CA Alok Kumar's unique FCA + LLM (NLU Delhi) + AML Specialist combination enables forensic investigations that are financially rigorous and legally defensible — critical when findings become evidence before courts, regulators, or investigative agencies.

As an IRDA empaneled firm, we audit life, general, and reinsurance companies. Requires specialized knowledge of actuarial reserving, claim settlement, investment portfolio valuation, solvency margin computation, and Insurance Act 1938 compliance.

Internal audit under Section 138 is mandatory for listed companies and unlisted public companies with turnover ≥₹200 crore or loans ≥₹100 crore. Unlike statutory audit, it's an ongoing process evaluating internal controls, risk management, operational efficiency, and governance throughout the year.

Stock audits verify inventory pledged as security against working capital facilities. Our team physically verifies raw materials, WIP, finished goods at borrower's premises — reconciling with stock statements submitted to banks and verifying drawing power calculations.

As a CAG empaneled firm, S.K. Mehta & Co. conducts audits of PSUs, government departments, autonomous bodies, and statutory corporations on behalf of the Comptroller and Auditor General of India — demanding the highest standards of independence and thoroughness.

Due diligence before mergers, acquisitions, investments, or joint ventures. Deep-dive into financial health, contingent liabilities, related party risks, tax exposures, and compliance gaps. Also handles NCLT-directed investigations and court-appointed audits.

Housing societies, apartment complexes, and Resident Welfare Associations (RWAs) handle significant amounts of member contributions, maintenance charges, sinking funds, and corpus funds. A professional audit ensures financial transparency, prevents mismanagement, and builds member confidence. We audit cooperative housing societies under the state Cooperative Societies Act, registered societies under the Societies Registration Act 1860, and unregistered RWAs on a voluntary basis — covering fund utilization, vendor payments, reserve fund compliance, and election-related financial disclosures.

MSMEs form the backbone of India's economy but often lack the structured financial controls of larger enterprises. Our MSME Business Audit is a comprehensive 360-degree review tailored specifically for micro, small, and medium enterprises — covering statutory compliance, tax audit applicability, GST compliance, Udyam registration verification, working capital optimization, internal control strengthening, and preparation for growth milestones like bank funding, government tenders (GeM portal), or SME IPO listing. We help MSME owners move from compliance-driven accounting to growth-ready financial management.