The Income Tax Act, was enacted in:

Related MCQs

• As per Income Tax Act, 1961, income tax is charged on the income of at a rate which are prescribed by the Finance Act of relevant assessment year.
• For the purposes of computing minimum alternate tax under Section 115B(a) of the Income Tax Act, 1961, the book profit need not to be increased by inter alia, the amount of deferred tax debited to the profit and loss account.
• Which of the following is not included in the term Income under the Income Tax Act, 1961?
• As the income goes up, the slab of income tax rate goes
• As the income goes down, the slab of income tax rate goes
• A person with the age of or more is considered as a super senior citizen as per Income tax Act.
• The Income Tax Act came into force from .
• The Income Tax Act came into force all over India except .
• Which section of the Income Tax Act exempted incomes have been mentioned?
• _________ of Income Tax Act is related to residential status.