MCQOPTIONS
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				| 1. | 
                                    If any default is made in filing refund of money, the company and every officer, who is in default shall be liable to a penalty maximum up to | 
                            
| A. | ` 50,000 | 
| B. | ` 75,000 | 
| C. | ` 1,00,000 | 
| D. | ` 1,25,000 | 
| Answer» D. ` 1,25,000 | |