what is the difference between a tax audit and the finalisation of the balance sheet?
and can we make changes in the accounting after a tax audit?
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Tax audit and balance sheet
Replies (3)
Accounts are the base for tax audit .
Only IT computation will have the effect of tax audit report.
PL and Balance Sheets will be same
Only IT computation will have the effect of tax audit report.
PL and Balance Sheets will be same
Wrong pl and balance sheet items are different.
There will not be seperate balance sheet for tax audit..Only IT Computation has all possible changes
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