alleryStart learning →Which benefit may be denied as a consequence under section 98(1)?
AThe right to appeal to the High Court
BA benefit under a tax treaty
CThe right to file a revised return
DThe right to obtain a PAN
Answer & Solution
Correct answer: B. A benefit under a tax treaty
Section 98(1) expressly names denial of tax benefit or of a benefit under a tax treaty as a consequence.
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