Question

Consider the following statements with reference to

taxation in Budget 2020. 1. Dividend Distribution Tax (DDT) was abolished. 2. Tax on cooperative societies was to be reduced to 22% plus surcharge and cess as against 30% at present. Which of the statements given above is/are correct?

A Only 1

B Both 1 and 2

C Neither 1 nor 2

D Only 2

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IB ACIO Executive

Question

Consider the following statements with reference to

Solution

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