Notice of Tax Audit
Reference No.: IRAS/AUD/2026/0842 | Date: 3 September 2026
IMPORTANT: This is an official notice under the Income Tax Act (Cap. 134).
The Inland Revenue Authority of Singapore (IRAS) will be conducting a tax audit on your company for the Year of Assessment 2026 (financial year ended 2025), to verify compliance with Singapore's tax laws and the accuracy of your tax returns.
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Audit Period: 9 November 2026 β 18 November 2026
β° Time: 10:00 AM (SGT)
π Venue: IRAS Building, 55 Newton Road, Singapore 307987
π Scope of Audit
- Review of filed tax returns (Form C-S / Form C) for accuracy and completeness
- Verification of declared business expenses and capital expenditures
- Reconciliation of declared gross revenue with supporting documents
- Review of related-party transactions and transfer pricing documentation (if applicable)
β οΈ Important Notice
Failure to cooperate or non-attendance at the scheduled audit may result in enforcement actions under Section 65 or Section 65A of the Income Tax Act:
- π° Penalty of up to SGD 10,000 and/or additional tax assessment
- π¦ Enhanced investigation and freezing of bank accounts
- βοΈ Legal proceedings in the High Court