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What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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 What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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 What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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?.

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Here you can find the meaning of What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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 What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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 What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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 What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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 What is the punishment for wilfully failing to furnish a return of income in response to a notice under certain sections, where the tax sought to be evaded exceeds Rs.1 lakh?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.