What Are Advantages Of Tax Audit?

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Karl Sagan Profile
Karl Sagan answered

I think that any businessman knows and understands the benefits of constant accounting and tax accounting and auditing. If you have not yet found a reliable and professional accountant, then I can give you a useful recommendation. Visit this blog Osome UK and you will find detailed information about quality accounting services.

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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