Specify with reason, whether the following acts can be considered as tax planning, tax avoidance, tax management, or tax evasion : A company remitted provident fund contribution of both its own contribution and employees
CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · PYQS · June 2026
Specify with reason, whether the following acts can be considered as tax planning, tax avoidance, tax management, or tax evasion : A company remitted provident fund contribution of both its own contribution and employees' contribution on monthly basis before due date.
Answer & Explanation:
Tax Management: Remitting of own contribution to provident fund and employees' contribution to provident fund on a monthly basis before due date is proper compliance of the statutory obligations.
Topics: Corporate Tax Planning
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