Availing tax holiday by a new industrial undertakings in backward areas is a case of
A) Tax evasion
B) Tax planning
C) Tax avoidance
D) Tax management
Correct Answer:
Verified
Q2: Using the loopholes of law to reduce
Q3: ------ is the device which satisfies the
Q4: Reducing tax liability, utilizing the deductions, exemptions
Q5: Compliance of the legal requirements in connection
Q6: Tax avoidance is ----
A)Illegal
B)Immoral
C)Lawful
D)All of these
Q8: Compliance with legal formalities and availing tax
Q9: Return of income must be furnished on
Q10: The total income of a domestic company
Q11: The total income of a non domestic
Q12: Under the Income-tax Act, 1961, which of
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