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What is the primary function of conducting an Income Tax survey?
  • a)
    To identify taxpayers who have failed to file their returns.
  • b)
    To impose penalties on taxpayers.
  • c)
    To collect useful information for assessment purposes.
  • d)
    To challenge the constitutionality of tax provisions.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary function of conducting an Income Tax survey?a)To i...
The primary function of conducting an Income Tax survey is to collect useful information that can be used for assessment purposes. It helps in verifying the accuracy of records and detecting potential tax evasion.
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What is the primary function of conducting an Income Tax survey?a)To identify taxpayers who have failed to file their returns.b)To impose penalties on taxpayers.c)To collect useful information for assessment purposes.d)To challenge the constitutionality of tax provisions.Correct answer is option 'C'. Can you explain this answer?
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