Vidyalelo
Commerce · Q659

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 659

Q659

Regular assessment in respect of any income is to be made in a later assessment year, but . . . . . . . . on such income is payable in the previous year itself.

A.
interest
B.
tax
Answer
C.
penalty
D.
sucharge

Answer: Option B

Solution

Answer: Option B
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