Tax Book 2023

Offences and Penalties Chapter- 09

MULTIPLE CHOICE QUESTIONS

Q.1. Where any person fails to furnish a return within 1 0 days of the due date, such person shall pay a
penalty of Rs.____.
(a) 5,000

(b) 10,000

(c) 100

(d) 2,000

Q.2. Any person who fails to issue an invoice when required under this Act, such person shall pay a
penalty of Rs.___ or 3% of the amount of the tax involved, whichever is higher.
(a) 5,000

(b) 10,000

(c) 100

(d) 2,000

Q.3. Any person who un-authorizedly issues an invoice in which an amount of tax is specified, such
person shall pay a penalty of Rs.10,000 or ___ % of the amount of the tax involved, whichever is
higher.
(a) 5

(b) 6

(c) 7

(d) 10

Q.4. Any person who fails to notify the changes of material nature in the particulars of registration of
taxable activity, Such person shall pay a penalty of Rs.____.

(a) 10,000

(b) 5,000

(c) 6,000

(d) 7,000

Q.5. Any person who repeats erroneous calculation in the return during a year whereby amount of tax less
than the actual tax due is paid, such person shall pay a penalty of Rs.5,000 or ___ % of the amount
of the tax involved, whichever is higher.

(a) 5

(b) 6

(c) 3

(d) 10

Q.6. Any person who fails to maintain records required under this Act or the rules made there under, such
person shall pay a penalty of Rs.10,000 or __% of the amount of tax involved, whichever is
higher:
(a) 5
(b) 4

(c) 3

(d) 2