Income-Tax & CTP Q13

0. By virtue of section 273B penalty under section 271AA will not be imposed if the taxpayer proves a reasonable cause for failure.

Answer
Comment
Array

Option : A
Explanation : By virtue of section 273B penalty under section 271AA will not be imposed if the taxpayer proves a reasonable cause for failure.
Thus, the statement given in the question is true and hence, option (a) is the correct option.

Forgot your password?

I agree with the Terms.