Income Tax And Corporate Tax - Study Mode
[#766] Reduce tax liability by deliberately suppressing income or sale or by increasing expenses, etc., which results in reduction of total income of the assessee is called as:
Correct Answer
(B) Tax Evasion
[#767] Which of the following is based on the measures which circumvent law?
Correct Answer
(B) Purposive tax planning
[#768] Income from a farm house is:
Correct Answer
(A) Agricultural Income
[#769] To determine the gross income of the taxpayer, the total of the income how many heads are there?
Correct Answer
(C) Five
[#770] Income tax or demand notice or refund order is rounded off to
Correct Answer
(A) nearest ten rupees