What Are Advantages Of Tax Audit?

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SidrA Tasneem Profile
SidrA Tasneem answered
There are many advantages and disadvantages of tax audit.
 
Advantages:

Main benefit of tax audit is to help government to avoid tax theft by companies.
 
Tax audit ensures that total estimated tax is achieved by the tax department.
 
Disadvantages:
 
It incurs more cost and revenue to conduct.
Bring complications within management on power sharing.
 

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