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CLAT Sample Paper CLAT Sample Paper-1

  • question_answer
    Statement Income tax rules need to be amended so that there is more incentive for the people who declare their actual wealth.
    Which of the following assumptions is implicit in the above statement?

    A)  The income tax rules are not appropriate

    B)  Some people do not declare their actual wealth

    C)  Both

    D)  There is lack of transparency in income-tax rules

    Correct Answer: C

    Solution :

    It has been given int he statement that income tax rules need to be amended It means that income-tax rules are not proper. Hence (A) is implicit. Assumption (B) describes the reason for such amendment of income tax rules and (D) don't have any proper relevance with the statement.


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