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Commerce · Q715

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 715

Q715

Identify the correct statement/s. 1. Legal provisions are not followed in tax-planning. 2. The advantage due to loopholes of tax laws are taking in tax avoidance. 3. Tax evasion is punishable crime.

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

Answer: Option C

Solution

Answer: Option C
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