MCQOPTIONS
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| 1. |
What is the maximum amount of demand for which the officer can issue an order under section 74 in case fraud, misstatement or suppression? |
| A. | Amount of tax + interest + penalty of 15% of tax |
| B. | Amount of tax + interest + penalty of 25% of tax |
| C. | Amount of tax + interest + penalty of 50% of tax |
| D. | Amount of tax + interest + penalty of 100% of tax |
| Answer» E. | |