CAF-2 · Chapter 19 · Question 13 of 15
During a sales tax audit, if a registered person fails to produce the required accounts, documents, or electronically kept records, what action can the officer of Inland Revenue take?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) B) Proceed to make a best judgment assessment under Section 11D.
Explanation
If a registered person fails to produce the required accounts, documents, or electronically kept records during an audit, the officer of Inland Revenue may proceed to make a best judgment assessment under Section 11D of the Act to determine the tax due.
More Returns and Records MCQs
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