Question :
Which of the following statements are true?
Statement 1- Tax is unilateral in nature.
Statement 2- Tax is a compulsory payment and nobody can refuse to pay it.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Answer (1)
25th Jan, 2024
Correct Answer:
Both are true
Solution :
Tax is unilateral in nature. Tax receptor spent by the government for common benefit of the people. Tax is a compulsory payment and nobody can refuse to pay it.
Hence option A is correct .
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