Services / Audit & Assurance
Core Practice

Audit & Assurance

CA Ravi Nandan Jha

CA Ravi Nandan Jha

Partner · Audit & Assurance
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The Mandate

A statutory or independent audit is the document a board, a lender or a regulator will read most closely. Our assurance work is built to withstand that scrutiny — not only to meet the filing deadline.

Where We Are Engaged
  • Statutory audit under the Companies Act, 2013
  • Tax audit under Section 44AB
  • Limited reviews and certification & attest services
  • Ind AS-aligned financial reporting
Why It Sits With Us

Statutory and corporate audit sits at the centre of the firm's practice, carried by partners who have audited listed and unlisted companies across manufacturing, real estate and services, and who apply the same documentation discipline the firm built on public sector bank panels.

How We Work
  • Engagement scoping and risk assessment agreed with the audit committee or board before fieldwork begins
  • Documentation to a working-paper standard that would satisfy a regulatory inspection, not only an internal file review
  • A partner-reviewed opinion — never issued without named partner sign-off
Related Thinking

Recent, relevant.

Income-tax Act, 2025 comes into force

The new Act replaces the six-decade-old Income-tax Act, 1961 and applies from tax year 2026-27 onwards, introducing a single "Tax Year" in place of the previous-year/assessment-year system. The Income-tax Rules, 2026 were notified on 20 March 2026.

Source · CBDT / Income Tax Department

MAT to become a final tax at 14%

From FY 2026-27, Minimum Alternate Tax is proposed to be made a final tax, with the rate reduced to 14% from 15%. MAT credit accumulated up to 31 March 2026 continues to be available for set-off.

Source · Budget 2026 / Finance Act, 2026

Share buy-backs taxed as capital gains; STT raised

Amounts received on buy-back of shares are now taxed as capital gains in the shareholder's hands. Securities Transaction Tax rates have also been increased for F&O, raising transaction costs for derivatives traders.

Source · Finance Act, 2026