Question

    Under section 208, obligation to pay advance tax arises

    in every case where the advance tax payable is ______.
    A Rs. 20,000 or more Correct Answer Incorrect Answer
    B Rs. 10,000 or more Correct Answer Incorrect Answer
    C Rs. 15,000 or more Correct Answer Incorrect Answer
    D Rs. 30,000 or more Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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