__________ is a method of evading tax liability by dishonest means like suppression, showing lower incomes, conscious violation of rules, inflation of expenses etc.

CS Executive · Tax Laws and Practice · PYQS · June 2021
__________ is a method of evading tax liability by dishonest means like suppression, showing lower incomes, conscious violation of rules, inflation of expenses etc.
(A) Tax Evasion
(B) Tax Avoidance
(C) Tax Planning
(D) Tax Management

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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