alleryStart learning →Tax payable of Rs 1,234.50 is rounded off under Section 170 to:
ARs 1,235
BRs 1,234
CRs 1,230
DRs 1,240
Answer & Solution
Correct answer: A. Rs 1,235
A paise part of fifty or more is increased to one rupee, so 1,234.50 becomes 1,235.
Keep practising Miscellaneous Provisions
Browse all Miscellaneous Provisions questions for CA Final, or explore more Indirecttaxlaws topics.
Related questions
Supply of warehoused goods before clearance for home consumption is treated as:Services by any court or Tribunal under law are treated under Schedule III as:Software development and customisation is classed under Schedule II as:Supply of food or drink for human consumption as part of a service is a supply of:Under Schedule II, a works contract is a composite supply treated as:Treatment or process applied to another person's goods is a supply of:A lease or tenancy of land is treated under Schedule II as a supply of:Permanent transfer of assets with ITC availed is treated as: