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      Question

      Under section 208, obligation to pay advance tax arises

      in every case where the advance tax payable is ______.
      A Rs. 20,000 or more Correct Answer Incorrect Answer
      B Rs. 10,000 or more Correct Answer Incorrect Answer
      C Rs. 15,000 or more Correct Answer Incorrect Answer
      D Rs. 30,000 or more Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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