alleryStart learning →Under Section 54(10), what may be deducted from the refund?
ANext return late fee only
BAdvance tax paid only
CAny unpaid dues under Act
DRefund interest only
Answer & Solution
Correct answer: C. Any unpaid dues under Act
Section 54(10)(b) allows deduction of any tax, interest, penalty, fee or other amount that remains unpaid under the Act or existing law.
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