What is the legal implication of Tax Aviodance?

CS Executive · Tax Laws and Practice · PYQS · June 2021
What is the legal implication of Tax Aviodance?
(A) It overrules of law
(B) It uses loopholes in the law
(C) It uses benefits of the law
(D) Advantages arise in the long run

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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