The tax authority may possibly carry out a tax audit and issue an additional evaluation within six many years within the suitable tax yr. On the other hand, the limitation would not use while in the function of a fraud, wilful default, or neglect by the business.An index of penalties have already been laid out in Cupboard Decision 75 of 2023. Is it
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In case a juridical person is obtaining more than one Licence, the Licence While using the earliest issuance date shall be useful for pinpointing the timelines/ deadlines Timelines for resident juridical personsTrade License: A valid and updated trade license need to be involved, reflecting the company’s authorized small business pursuits.The l