Rahim has shown an air-conditioner installed at his residence as having been installed at his factory, and claimed depreciation thereon. This is an act of :

CS Executive · Tax Laws and Practice · PYQS · June 2018
Rahim has shown an air-conditioner installed at his residence as having been installed at his factory, and claimed depreciation thereon. This is an act of :
(A) Tax planning
(B) Tax management
(C) Tax evasion
(D) None of the above

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Tax Planning & Management

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