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Commerce · Q329

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 329

Q329

Which of the following statement(s) is/are true? 1. Section 147 is related to re-assessment. 2. Section 148 is related to regular assessment. 3. Section 145 is related to best judgement assessment. 4. Section 140A is related to self-assessment.

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

Answer: Option B

Solution

Answer: Option B
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