Question Description
If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer?.

Solutions for If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice If a person wilfully attempts to evade tax, penalty, or interest and the tax sought to be evaded exceeds Rs.1 lakh, what is the punishment?a)Rigorous imprisonment for 6 months to 7 years and fine.b)Rigorous imprisonment for 3 months to 3 years and fine.c)Rigorous imprisonment for 1 year to 5 years and fine.d)Rigorous imprisonment for 2 years to 6 years and fine.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice B Com tests.