Q493
As per the provisions of the Income Tax Act, 1961, which of the following is not an objective of the Central Government to enter into tax treaty with another country?
A.
For granting relief in respect of income tax chargeable to tax in India and other country
B.
For enabling round tripping of unaccounted money in India
AnswerC.
For recovery of income tax
D.
For exchange or information for prevention of evasion or avoidance of income tax
Answer: Option B
Solution
Answer: Option B
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