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What are the responsibilities of the taxpayer during a tax audit?
What are the responsibilities of the taxpayer during a tax audit?
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During a tax audit, the taxpayer is responsible for:
Maintaining proper books of accounts and financial records.
Providing all necessary documents and information to the auditor.
Ensuring that financial statements are accurate and comply with tax laws.
Cooperating with the auditor and responding to queries promptly.
Filing the audit report and required forms within the prescribed deadline.