Question

Where the amount of tax evaded or the amount of input

tax credit wrongly availed or utilised or the amount of

refund wrongly taken exceeds 200 lakhs upto 500 lakhs

then –


1) imprisonment

for a term which

may extend to 5

years and with

fine


2) imprisonment for

a term which

may extend to 7

years and with

fine


3) imprisonment for a

term which may

extend to 5 years and

without fine


4) imprisonment for

a term which may

extend to 3 years

and with fine​

Answer 1

Answer:

4.

imprisonment which may extend to three years, or with fine, or with both. ... offence under Section 135(1)(ii) of the Act of 1962 is punishable with imprisonment for a term which may extent to three years or fine or with both whereas the offence punishable under Section 63 ...

Answer 2

Answer:

Mount Pinatubo is an active stratovolcano in the Zambales Mountains, located on the tripoint boundary of the Philippine provinces of Zambales, Tarlac and Pampanga, all in Central Luzon on the northern island of Luzon.