MCQOPTIONS
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| 1. |
Which of the following statements is not correct about the faceless penalty scheme implemented by the IT Department? |
| A. | The provisions have been introduced under the Finance Act, 1961 |
| B. | The act aims to optimize the use of resources through economies of scale |
| C. | This scheme will work under National e-Assessment Center (NEAC) |
| D. | Headquarter of NEAC is located in Delhi |
| Answer» B. The act aims to optimize the use of resources through economies of scale | |