The so-called ‘Doomsday Glacier’ is located in -

Which of the following statement(s) is/are correct?

1. Income Tax Survey which involves collecting information on hidden or undisclosed income and property enjoys legislative support under the Income Tax Act of 1961.

2. The term ‘raid’ has not been defined anywhere in the Income Tax Act of 1961.

3. While Income Tax Survey can be conducted only during business hours, searches can be conducted at any time.

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Which of the following statement(s) is/are correct about the term ‘transfer pricing’?

1. It is an accounting practice in which one division of a company transfers profits to its another division to save taxes.

2. Section 92F of the Income Tax Act, 1961 prohibits transfer pricing mechanism among Indian companies only.

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Which of the following statement(s) is/are correct about the ‘Vibrant Village Programme’?

1. The programme is aimed to build infrastructure such as housing, tourist centres, road connectivity etc. in villages along India’s border with Pakistan.

2. It was launched by the Gujarat Government in association with the Union Ministry of Home Affairs.

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Which of the following statement(s) is/are correct about the ’Border Area Development Programme’?

1. It is a centrally sponsored scheme which aims to meet the special development needs of the people living in remote and inaccessible areas situated near the international border.

2. The funds under BADP are provided to the States as a 100% non-lapsable Special Central Assistance.

3. It is implemented by the Ministry of Defence.

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