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This topic has expert replies
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Income Tax

by sumittaneja009 » Sun Nov 23, 2008 6:47 am
Please help me with the write answer with an explaination?
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by nervesofsteel » Mon Nov 24, 2008 12:29 am
If C is true... only then tax authorities will increase rates.. and form vicious circle...

If C is not true...Then there is no need to increase tax rate as there is already a provision made to compensate the evasive taxes.. then there will be no vicious circle..

OA plz

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by graem83d » Sun May 15, 2016 1:55 am
I would choose C. But i am not sure of my answer