TaxTMI Login
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
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Special audit authority requires nominated external audit of records where declared value or input tax credit appears irregular, enabling assessment action.</h1> Special audit may be directed where an Assistant Commissioner-level officer suspects incorrect valuation or abnormal input tax credit; the Commissioner nominates a chartered or cost accountant to audit records and submit a signed report within ninety days, extendable for cause. The audit requirement applies notwithstanding other audits, the taxpayer has a right to be heard before audit-derived material is used against them, the Commissioner fixes and pays audit costs, and detection of unpaid tax, erroneous refund or wrongful credit may prompt assessment or recovery proceedings.
TaxTMI 
TaxTMI 
