McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2024
→
Bachelor of Commerce (B Com)
→
Income Tax Law and Practices
→
The Income Tax Act, was enacted in:
Q.
The Income Tax Act, was enacted in:
A.
1921
B.
1951
C.
1961
D.
1981
Answer» C. 1961
1.6k
0
Do you find this helpful?
1
View all MCQs in
Income Tax Law and Practices
Discussion
No comments yet
Login to comment
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.