The rate of income tax is fixed under:
A) Income Tax Act
B) Notification of CBDT
C) Finance Act
D) Ordinance of Govt.
Correct Answer:
Verified
Q1: Income Tax Act, 1961 came into force
Q2: Income tax was levied in India first
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
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents