A situation which is providing some relief from tax in whole or part is referred as _________ A. Tax Break B. Tax Evasion C. Tax Shifting D. None of the Above

1 Answer

Answer :

A. Tax Break Explanation: Tax break is a term referring to any item which avoids taxes, including any tax exemption, tax deduction, or tax credit.

Related questions

Description : Which of the following term refers the illegal escape from the tax payment? A. Tax Break B. Tax Evasion C. Tax Shifting D. None of the Above

Last Answer : B. Tax Evasion Explanation: Tax evasion is an illegal practice where a person, organization or corporation intentionally avoids paying his/her/its true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties.

Description : What is the purpose of tax evasion?

Last Answer : Tax evasion is illegal. I would not advise it, for it is the act of either an individual or a company to attempt to get away with NOT paying taxes they owe the governement. If you are ... perhaps speak with a finance counselor or even a finance lawyer. All legitimate sources to stay within the law.

Description : How do I report a person for tax evasion?

Last Answer : You can either contact the IRS directly, or you can contact a local CPA, in order to get an audit done on the individual who is guilty of evading their taxes.

Description : All About Tax Evasion & Tax Evasion Lawyers?

Last Answer : Everyone makes mistakes in their lifetime. Making the mistake of tax evasion is one that thousands of people make each year. While it is possible to get away with it for a few years, the IRS will ... not to pay taxes, calling it an unconstitutional practice. They claim there is no law in the co

Description : Paraellel economy emerges due to - (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (4) Tax Estimation

Last Answer : (2) Tax Evasion Explanation: Parallel economy (black economy) indicates the functioning of an unsanctioned sector in the economy whose objectives run parallel with the social objectives. Major ... that income from illegal activities that is not reported to the government for tax purposes.

Description : This tax service includes the determination of the tax consequences of planned or potential transactions, followed by making suggestions on the most desirable course of action such as to legally minimize the tax ... 's objectives. a. Tax shelter b. Tax evasion c. Tax planning d. Tax compliance

Last Answer : Tax planning

Description : CRR is used to (a) Combat inflation ; (b) Check black money ; (c) Check tax evasion ; (d) All the three

Last Answer : (a) Combat inflation ;

Description : Paraellel economy emerges due to (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (4) Tax Estimation 

Last Answer : Tax Evasion

Description : A particular cell organelle is sometimes referred to as the 'suicide bag' because it contains certain enzymes that can break down the cell components or even the whole cell. Which one of the following is such an organelle? (a) Lysosome (b) Mesosome (c) Phagosome (d) Ribosome

Last Answer : Ans:(d)

Description : In pressure supply mains, water hammer pressure is reduced by providing  (A) Sluice valves  (B) Air valves  (C) Pressure relief valves  (D) None of these 

Last Answer : (C) Pressure relief valves 

Description : What is a compiler? A) A compiler does a conversion line by line as the program is run B) A compiler converts the whole of a higher level program code into machine code in one step C) A compiler is a general purpose language providing very efficient execution D) None of the above

Last Answer : Answer : B

Description : The important feature of shifting cultivation is : [Excise & I. Tax 1993] (a) cultivation by transplantation (b) cultivation of Leguminous crops (c) change of cultivation site (d) rotating of crops

Last Answer : Ans: (c)

Description : The final resting place of a tax is called (a) impact of taxation (b) incidence of taxation (c) effect of taxation (d) shifting of taxation

Last Answer : b) incidence of taxation

Description : External Bus is also referred as _________ A. System Bus B. Memory Bus C. Front-Side Bus D. Expansion Bus

Last Answer : D. Expansion Bus

Description : What evasion aid is tailored?

Last Answer : Need answer

Description : In SERE Which evasion aids can assist you with making contact with local population?

Last Answer : Need answer

Description : Which confectionary giant was slapped with a notice demanding 250 crore Rupees by the Directorate General of Central Excise Intelligence on the grounds of excise duty evasion? a) Cadbury India Ltd b) Wrigley India c) Lotte India d) Perk India Ltd

Last Answer : Answer: (a) Cadbury India Ltd

Description : In many types of cancer, proteins that are crucial regulators of the cell cycle are often mutated and cannot function correctly. This leads to the evasion of apoptosis and to the loss of control of cell ... protein named p53. What is the normal function of p53 that is lost when it is mutated?

Last Answer : Normally, p53 senses DNA damage and acts as a transcription factor for checkpoint control genes.

Description : Suicide Hackers are those _________ a) who break a system for some specific purpose with or without keeping in mind that they may suffer long term imprisonment due to their malicious activity ... digital footprints d) who are employed in an organization to do malicious activities on other firms

Last Answer : a) who break a system for some specific purpose with or without keeping in mind that they may suffer long term imprisonment due to their malicious activity

Description : Component F in the illustrated device is for _________. EL-0033 A. short circut protection B. latching the trip unit closed after resetting the breaker C. overload protection D. providing a flexible connection between the input terminal G and the tripping unit E

Last Answer : Answer: C

Description : A register capable of shifting its binary information either to the right or the left is called a_________ A. parallel register. B. serial register. C. shift register. D. storage register.

Last Answer : C. shift register.

Description : What's An indicator is a comprehensive analysis of critical information by an adversary normally providing the whole picture of an agency’s capabilities?

Last Answer : An indicator is a comprehensive analysis of critical information by an adversary normally providing the whole picture of an agency’s capabilities.TrueFalse

Description : A commission or fee paid, when an agent or an individual sells an investment such as mutual funds or annuity is known as _________ A. Redemption fee B. Service Charge C. Regressive tax D. Sales tax

Last Answer : A. Redemption fee Explanation: A mutual fund redemption fee, also referred to as a -market timing fee , or -short-term trading fee , is a charge by a mutual fund company to discourage investors from ... (i.e. a purchase, typically a transfer, followed by a sale within a short period of time).

Description : Banking services provided to Special Economic Zones(SEZ) units have been exempted from _________ A. Sales Tax B. Securities Transaction Tax – STT. C. Central Excise Duty D. Service Tax E. None of the Above

Last Answer : D. Service Tax Explanation: Banking services offered to units set up in special economic zones have been exempted from paying service tax.

Description : How much do I need to owe before I can get tax relief help?

Last Answer : You can always get free tax help from the IRS. It doesn't matter what you owe.

Description : What kind of licensing or accreditation does a tax relief agency need to operate in Washington?

Last Answer : A tax releif agencey has no accredidation requirments. You should read reviews on a company before you use them.

Description : is there any type of property tax relief programs available for the disabled who are low income?

Last Answer : no. they want you to go arrears in your property taxes so they can aquire your property. property taxes are basically illegal and actually mean you never own the property ever never at all.

Description : Is a tax relief attorney expensive?

Last Answer : Advanced Tax Help Inc. is a full service tax resolution firm, comprised of enrolled agents, tax professionals and former IRS employees. Our staff has decades of combined experience resolving client ... are few financial situations that are as stressful as dealing with IRS and state tax liabilities.

Description : Ways to Get Tax Relief?

Last Answer : For those individuals with tax debt, one of their primary areas of concern is how to get tax relief. Sometimes they feel trapped thinking there's no way to diminish the amount of tax ... primary concern is never about making money. They all have experienced tax counselors familiar with every aspect

Description : The first reading of the Bill in a House of Parliament refers to : (1) The motion for leave to introduce a Bill in the House (2) The general discussion on the Bill as whole where only the ... the Bill is referred either to select committee of the House or to the joint committee of the two houses.

Last Answer : (1) The motion for leave to introduce a Bill in the House Explanation: The first reading of the bill in a house of parliament refers to motion for leave to introduce the bill ... initiates legislation outside the legislative competence of the House, the Speaker may permit a full discussion thereon.

Description : When Locke spokes of 'Tabula rasa' he referred to his belief that Options: A) The doctrine of innate ideas is essentially correct B) The organism reacts as a whole to stimulus C) The mind starts from scratch in gathering sense data D) The mind itself is a result of the process of evolution

Last Answer : D) The mind itself is a result of the process of evolution 

Description : The situation when both transmitter and receiver have to work in tandem is referred to as (A) parallel (B) serial (C) synchronous (D) asynchronous

Last Answer : (C) synchronous

Description : Break-even point in Rs is Calculated as _________ a) Fixed cost/ contribution per unit b) Fixed cost / p/ V ratio c) Fixed cost + desired profit/ Contribution per unit d) Fixed cost + desired profit/ P/V ratio.simpl

Last Answer : b) Fixed cost / p/ V ratio

Description : The term receiving accountant includes the following, except; a. A professional accountant in public practice to whom existing accountant has referred tax engagement. b. A professional accountant ... or carrying out accounting, taxation, consulting or similar professional services for a client.

Last Answer : A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client.

Description : What is an interpreter? A) An interpreter does the conversion line by line as the program is run B) An interpreter is the representation of the system being designed C) An interpreter is a general purpose language providing very efficient execution D) None of the above

Last Answer : Answer : B

Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.

Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank

Description : Which company is providing free 4G sims to certain smartphone users like Samsung, LG, etc.? A) Airtel B) Vodafone C) Reliance D) Aircel E) Tata

Last Answer : C) Reliance Explanation: Reliance is providing its 4G sims free of cost to some companies smartphone users on which they will have free calls and net for 3 months

Description : Which of the following service(s) is/are available in small finance banks? A. Providing loans B. Acceptance of deposits C. Setting up of Subsidiaries D. Both (A) and (B) E. None of the Above

Last Answer : D. Both (A) and (B) Explanation: Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending.

Description : Your business has contracted with another company to have them host and run an application for your company over the Internet. The company providing this service to your business is called an a) ... b) Internet access provider c) Application service provider d) Outsource agency e) None of these

Last Answer : d) Outsource agency

Description : A part of debt instruments that are converted into Equity shares in the future at notice of the issuer is called _________ A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Last Answer : B. Partly Convertible Debentures (PCD) Explanation: A part of these instruments are converted into Equity shares in the future at notice of the issuer. The issuer decides the ratio for conversion. This is normally decided at the time of subscription.

Description : The situation in which total Revenues equals total cost, is known as : (1) Monopolistic competition (2) Equilibrium level of output. (3) Break even point (4) Perfect competition

Last Answer : (3) Break even point Explanation: In economics and cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even."

Description : The situation in which total revenue is equal to total cost, is known as - (1) monopolistic competition (2) equilibrium level of output (3) break-even point (4) perfect competition

Last Answer : (3) break-even point Explanation: In economics and cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or ... made, although opportunity costs have been "paid", and capital has received the riskadjusted, expected return.

Description : The situation in which total revenue is equal to total cost, is known as (1) monopolistic competition (2) equilibrium level of output (3) break-even point (4) perfect competition

Last Answer : break-even point

Description : When the public baths were an important part of ancient Roman life. In addition to providing a place for people to bathe the Roman baths were also used for which purpose?

Last Answer : a place for socializing

Description : ______ is an example of business-to-business services offered by Google where revenue is generated through the application running as part of a customer's website. *  Google Search ... Business Application Suite  YouTube Brand Channel  Google AdWords pay per click sponsored link advertising

Last Answer :  Google Search application providing online website search services for website owners

Description : ______ is an example of business-to-business services offered by Google where revenue is generated through the application running as part of a customer's website. A. Google Search application providing ... Google AdWords pay per click sponsored link advertising E. None of the above. Ans: A

Last Answer : A. Google Search application providing online website search services for

Description : is an example of business-to-business services offered by Google application running as part of a customer's website. A.Google Search application providing online website search B.Google Apps ... Application C.YouTube Brand Channel D.Google AdWords click sponsored link advertising Answer: A

Last Answer : A.Google Search application providing online website search

Description : Sinking fund is (A) The fund for rebuilding a structure when its economic life is over (B) Raised to meet maintenance costs (C) The total sum to be paid to the municipal ... tenants (D) A part of the money kept in reserve for providing additional structures and structural modifications

Last Answer : (A) The fund for rebuilding a structure when its economic life is over

Description : When should you use the optional gear shifting available in some automatic transmission automobiles?

Last Answer : You should use it every 40,000 miles to keep your transmission well lubricated.

Description : Leaving agricultural land uncultivated for some years known as – (1) Intensive farming (2) Fallowing (3) Shifting cultivation (4) Subsistence farming

Last Answer : (2) Fallowing Explanation: A land that has undergone plowing and harrowing and has been left unseeded for one or more growing seasons is known as fallow and the process as fallowing.