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    What Are Advantages Of Tax Audit?

    Advantages and disadvantages of tax audit

    asked 7 months ago

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    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.
     

    answered 7 months ago   

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