hich of the following statements NOT correct? a.
Chapter17: Tax Practice And Ethics
Section: Chapter Questions
Problem 10DQ
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Question
Which of the following statements NOT correct?
a.
If a taxpayer is not in agreement with the decision of the Tax Appeals Authority, there is no further action that the taxpayer can take.
b.
Where a taxpayer loss an appeal, the taxpayer is required to pay interest on the unpaid tax from the payment date statement on the Decision Notice.
c.
Tax planning within the confines of the tax laws is not illegal.
d.
Effective tax management may result in significant cost savings.
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Publisher:
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