Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Audit by tax authorities: prescribed notice, record access and findings can trigger enforcement action.</h1> Authorises tax authorities to audit taxable persons at business premises or offices with prescribed procedures and prior notice; defines commencement of audit and allows a single written extension by the Commissioner. Authorised officers may verify records, require information and assistance; upon conclusion the proper officer must notify findings, reasons and taxpayer rights. Detection of unpaid or short-paid tax, erroneous refunds, or wrongly availed input tax credit may lead to initiation of assessment or other enforcement action.