Q373
Match the following. List-I List-II a. Tax evasion 1. Is done a financial activity, which a person proposes to carry out in near future b. Tax avoidance 2. Unrecorded sales c. Tax planning 3. Is a device, which technically satisfies the requirement of the law, but in fact it is not in accordance with the legislative intent d. Tax management 4. Takes steps to avail various tax incentives
Match the following.
| List-I | List-II |
| a. Tax evasion | 1. Is done a financial activity, which a person proposes to carry out in near future |
| b. Tax avoidance | 2. Unrecorded sales |
| c. Tax planning | 3. Is a device, which technically satisfies the requirement of the law, but in fact it is not in accordance with the legislative intent |
| d. Tax management | 4. Takes steps to avail various tax incentives |
A.
a-2, b-1, c-3, d-4
B.
a-2, b-3, c-1, d-4
AnswerC.
a-2, b-1, c-4, d-3
D.
a-2, b-4, c-1, d-3
Answer: Option B
Solution
Answer: Option B
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