GK
TAXES IN INDIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Under Income Tax Act, 1961, who may be considered as principal officer of a company?
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Manager of the company
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Treasurer of the company
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Secretary of the company
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All of the above
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Explanation:
Detailed explanation-1: -Under the said Act, the principal officer is responsible for compliance including, (a) payment of proper taxes; (b) filing of proper returns; and (c) for all consequences for non-compliance of any of the provisions of the said Act.
Detailed explanation-2: -Sanjay Puri-Principal Director General (Training)-National Academy of Direct Taxes | LinkedIn.
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