Question

Which of the following tax and statutory enforcement actions against a borrowing entity is classified as an Early Warning Signal (EW

  • S for red flagging a loan account?
A Filing of quarterly GST returns with minor delay penalties
B Raid conducted by Income tax, sales tax, or central excise duty officials
C Annual corporate income tax audit completed without adverse findings
D Application for tax exemption under charitable trust provisions
E Payment of advance income tax in multiple installments
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