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Commerce · Q508

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 508

Q508

Which of the following is not the right way of defining types of tax planning?

A.
Permissive tax planning: Tax planning which falls under the framework of the law
B.
Purposive tax planning: Tax planning with a specific objective
C.
Long-range/short-range tax planning: Planning executed at the beginning and towards the end of the fiscal year
D.
All of the above are correct
Answer

Answer: Option D

Solution

Answer: Option D
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