Re: General Trading Chat
yes true. its safe to get audited. It would also be good to figure out how to argue the case in case you dont audit with so many loop holes and no clear cut rules
how abt a lawyers interpretation. i guess though it seems very boring and waste of time but its imp to know legally where and how we stand in case we ve to fight this case.
Then we can make a cost analysis. Lets say you dont audit for 4 years and save 80K. Then lets say you pay the lawyer to fight against the IT guys in case they catch you. Then plan the legal costs involved.
We decide whether to pay MR LAWYER or MR CA
yes true. its safe to get audited. It would also be good to figure out how to argue the case in case you dont audit with so many loop holes and no clear cut rules
how abt a lawyers interpretation. i guess though it seems very boring and waste of time but its imp to know legally where and how we stand in case we ve to fight this case.
Then we can make a cost analysis. Lets say you dont audit for 4 years and save 80K. Then lets say you pay the lawyer to fight against the IT guys in case they catch you. Then plan the legal costs involved.
We decide whether to pay MR LAWYER or MR CA
My dear friend, it is not a question of what you and I think ( or like) . The law says that if one falls under audit critaria , he needs to get his accounts audited. Or run the risk of getting caught and face the music thereafter.
Smart_trade
Smart_trade