Understanding Tax Audit of Expenses Transactions

This section provides a structured analysis of tax audit practices relating to expense transactions within the Malaysian context.

It focuses on the principles governing the deductibility of expenses, the common risks identified during audits, and the audit techniques applied by Lembaga Hasil Dalam Negeri Malaysia (LHDN) in evaluating such transactions.

The discussion is designed to bridge theoretical tax principles with practical audit considerations, providing a clearer understanding of how expenses are assessed, challenged, and verified during a tax audit.