Current Affairs · Income Tax Act
An arrangement to reduce or negate tax liability through legally permissible methods, which take unfair advantage of loopholes in the law but technically have legal sanction, is called as _________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Tax Planning
- 2Tax Deduction
- 3Tax Concession
- 4Tax Avoidance✓
Correct answer
Tax Avoidance
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