Income Tax Act, 1961 came into force on:
A) 1 - 1 - 1961
B) 1 - 4 - 1961
C) 1 - 1 - 1962
D) 1 - 4 - 1962
Correct Answer:
Verified
Q2: Income tax was levied in India first
Q3: The rate of income tax is fixed
Q4: The total of various heads of income
Q5: Income tax was introduced in India for
Q6: According to Income Tax Act, there are.................heads
Q7: Income tax is a .................tax.
A)Direct
B)Indirect
C)Business
D)None of these
Q8: Under Income Tax Act, which of the
Q9: Income Tax Department works under:
A)Central Government
B)CBDT
C)State Government
D)Chief
Q10: For Income Tax purpose, a senior citizen
Q11: The income tax rate for short term
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