Where any refunds is due to a registered person who has defaulted in furnishing any return/pay any tax, the proper officer may:
A. Charge penalty
B. Withhold payment of refund due or deduct from the refund due
C. Charge interest
D. None of these
Answer: Option B
Related User Ask Questions
Which of the following is not a primary function of a Bank?
A. Granting Loans
B. Collecting Cheques/Drafts customers
C. Facilitating import of goods
D. Issuing Bank Drafts
A. Regulatory jurisdictional fight between SEBI and IRDA
B. They don’t offer better tax benefits
C. They offer lesser returns compared to traditional insurance policies
D. All of the above
The Chameli Devi Jain Award is given for an outstanding woman ____?
A. Scientist
B. Reporter
C. Player
D. Teacher
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