Wednesday, March 10, 2010

Revenue Audits!!!

The function of the Auditor is to:

Audit the returns for the years/periods or transactions indicated in the audit notice (normally a current year/period is indicated) Make any necessary adjustments Settle and collect the additional liability, if any, and Specify the remedial actions required to put the tax affairs of the person audited on a sound footing going forward.

The Auditor focuses primarily on year(s)/period(s) or transactions indicated in the audit notice.

No comments:

Post a Comment