Q805
Which of the following are true in tax planning? (i) It is futuristic in its approach. (ii) It has limited scope compared to tax management. (iii) The benefits arising from it are limited particularly in the short run. (iv) Its main objective is to reduce the tax liability.
A.
(i), (ii) and (iii)
B.
(i) and (ii)
C.
(i) and (iv)
AnswerD.
(ii), (iii) and (iv)
Answer: Option C
Solution
Answer: Option C
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