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Commerce · Q748

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 748

Q748

Which of the following is correct in regard to, interest on excess refund?

A.
The interest rate is 1% per month
B.
The interest rate is 0.5% per month
Answer
C.
The interest rate is 1.5% per month
D.
The interest rate is 0.25% per month

Answer: Option B

Solution

Answer: Option B
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