Concurrent Audit
Transactions checked while they happen — errors caught in weeks, not after year-end
- 1ScopeHigh-risk areas selected.
- 2TestTransactions checked monthly.
- 3ReportExceptions within days.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Concurrent Audit
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
A concurrent audit examines transactions continuously or monthly, shortly after they happen, instead of once at year-end. Banks use it for branches under RBI guidance; businesses use it for high-value or high-risk areas such as vendor payments, procurement, payroll and revenue, so mistakes and fraud are caught and fixed quickly.
For businesses with high payment volumes or decentralised purchasing, a year-end audit finds problems too late. A concurrent audit samples transactions every month against approvals, contracts and rates.
We agree the high-risk areas, test transactions monthly, report exceptions within days, and follow up on corrections.
| Timing | Monthly or continuous |
|---|---|
| Focus | Payments, procurement, payroll, revenue |
| Output | Monthly exception report |
| Banks | Branch concurrent audit under RBI guidance (empanelled auditors) |
Who this is for
Common scenarios where this service is a good fit.
- Businesses with high payment volumes
- Multi-location companies
- Organisations with decentralised purchasing
What you get
Clear deliverables so you know exactly what's included.
- Risk-area selection
- Monthly transaction testing
- Exception reports
- Follow-up on corrections
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
High-risk areas selected.
Transactions checked monthly.
Exceptions within days.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Monthly fee based on transaction volume and areas covered.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
This page also covers
- Payment audits
- Vendor payments checked against approvals.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
