INCOME TAX · PRIVATE LIMITED COMPANIES
Company Tax Audit under Section 44AB: Limits and Practical Checklist
Understand the ₹1 crore rule, ₹10 crore cash test and the difference from statutory audit.
By Vyapar Setu Online | Private limited companies · 28 October 2026
Business Income Tax series · Private limited companies · Article 8 of 27
A company-law audit and an income-tax audit are not interchangeable. A company may have audited financial statements and still need a separate tax-audit report with detailed tax disclosures.
Read the year first: Reviewed 28 October 2026. Tax Year 2026–27 uses the Income-tax Act, 2025 and Rules, 2026. Returns for FY 2025–26 / AY 2026–27 use the earlier framework. This guide identifies relevant old section names and current changes; apply each limit to its stated period.
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For learning and preparation. Verify the rules and official guidance for your period and circumstances before making a filing or tax decision.
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