General Studies · Ethics and Decision Making
You are a Chartered Accountant. A businessman asks you to help with saving taxes payable to the Government. What will you do?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Refuse to help, since taxes are required by the Government for the development of the country
- 2Refuse to help, since taxes are required by the Government for the development of the country, and report him to the tax authorities
- 3Take some additional money and help to save taxes by all means
- 4Advise the client that you can help him to save the taxes payable, but only through legal means✓
Correct answer
Advise the client that you can help him to save the taxes payable, but only through legal means
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