Accountancy, asked by sunitasingh0222000, 6 months ago

the primary objective of secret reserve is to_______the tax liablity
A)increase
b)avoid
c)match
d)calculate​

Answers

Answered by Anonymous
2

Answer:

the primary objective of secret reserve is to increase the tax liability

Answered by CAManishK
0

Answer:

‘avoid’

Explanation:

By making secret reserves, profits are reduced so income-tax calculated on profits is reduced also.

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