Vidyalelo
Commerce · Q66

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 66

Q66

Which of the following are true in tax planning? 1. It is futuristic in its approach. 2. It has limited scope compared to tax management. 3. The benefits arising from it are limited particularly in the short-run. 4. Its main objective is to reduce the tax liability.

A.
1, 2 and 3
B.
Both 1 and 2
C.
Both 1 and 4
Answer
D.
2, 3 and 4

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board