Tax Liability Computation Challenge
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Questions and Answers

What happens if the specified conditions are not met for tax computation?

  • Tax liability is not affected (correct)
  • Tax liability increases
  • Tax liability decreases
  • Tax liability becomes zero

    • How should tax liability be computed if the two conditions are met?

  • In the following manner (correct)
  • By increasing the tax rate
  • By ignoring the conditions
  • In a different manner

    • What is the consequence of not meeting the conditions for tax computation?

  • Tax liability remains unchanged
  • Tax rate decreases
  • Tax calculation method changes (correct)
  • Tax rate increases

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