- 2 Marks
Question
What constitutes a Tax Return?
(2 marks)
Answer
A tax return is an official statement that contains the income of the person and any allowable deduction for any year of assessment from employment, business, and/or investment. It is statutory.
(2 marks)
- Tags: Income Reporting, Tax Administration, Tax Return
- Level: Level 2
- Topic: Tax Administration
- Series: MAY 2020
- Uploader: Cheoli