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Q:
| A) Canon of equity | B) Canon of certainty |
| C) Canon of convenience | D) Canon of fiscal adequacy |
Answer: D) Canon of fiscal adequacy
Explanation:
Explanation:
Adam Smith propounded the following first four canons of taxation -(1)Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy.
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