In this question, a statement is followed by two conclusions numbered I and II. You have to assume everything in the statement to be true and decide which of them logically follows beyond a…
Question and options
In this question, a statement is followed by two conclusions numbered I and II. You have to assume everything in the statement to be true and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.
Statement - Due to changes in the application forms, the last date for payment of Income Tax has been extended by a month by the Finance Ministry. It can now be paid upto 30th September 2025 without any penalty for late payment.
Conclusion -
I. No interest will be charged on income tax payments that are made after 30th September 2025
II. No penalty will be charged for income tax payments that are made before 30th September 2025
Statement - Due to changes in the application forms, the last date for payment of Income Tax has been extended by a month by the Finance Ministry. It can now be paid upto 30th September 2025 without any penalty for late payment.
Conclusion -
I. No interest will be charged on income tax payments that are made after 30th September 2025
II. No penalty will be charged for income tax payments that are made before 30th September 2025
- Only conclusion I follows
- Both conclusions I and II follow
- Only conclusion II follows
- Neither conclusion I nor II follows
Answer and explanation
Correct answer: C - Only conclusion II follows
The extended deadline means no penalty for payment up to 30 Sep 2025, so II follows. Nothing says payments after 30 Sep will be interest-free (if anything the opposite), so I does not follow.
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