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In arriving at the taxable income of an individual or company there are serval factors that the tax auditor should take in to account. Three
In arriving at the taxable income of an individual or company there are serval factors that the tax auditor should take in to account. Three area that have always being of concern is the treatment 1. Income earn from business 2.valuation of inventory and the use of inventory for personal use. 3.deductible expenses in the principle of wholly and exclusively rule
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