Q. Suppose Mr. Z has a credit of ` 15 lakhs in his ITC ledger and at the same time, he has an interest arrears dues of ` 16 Lakhs and penalty dues of ` 12 lakhs. If so, how much Mr. Z has to deposit to settle the above interest and penalty dues? (Solved)

1. 16 Lakh

2. 28 Lakhs

3. 12 Lakhs

4. 15 Lakhs

  • b. 28 Lakhs
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