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Commerce · Q74

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 74

Q74

Reduce tax liability by deliberately suppressing income or sale or by increasing expenses, etc., which results in reduction of total income of the assessee is called as:

A.
Tax Planning
B.
Tax Evasion
Answer
C.
Tax Management
D.
Tax Avoidance

Answer: Option B

Solution

Answer: Option B
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