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Commerce · Q807

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 807

Q807

Consider the following statements. 1. Concealment of income is a step of tax evasion. 2. Tax evasion is a immoral process. 3. Tax planning is long and short-term. Which of the statement(s) given above is/are correct?

A.
Both 1 and 2
B.
Only 3
C.
Both 2 and 3
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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