__________ is / are empowered to levy and collect income tax.

Related MCQs

• The income tax payable by an individual is Rs:8,562.55. The rounded off tax payable will be .........................
• The number allotted by income tax authorities to assessees for identification and which should be quoted in all documents and correspondence is.......................
• Income Tax Authorities are grouped into two main wings; Administrative and.................
• Secondary and higher education cess is charged at the rate of .......................... of the amount of income tax.
• Advance tax is payable when tax payable by an assessee is ........................or more.
• Out of income from growing and manufacturing of latex ..................... , is considered as agricultural income.
• Under the income- tax act, the incidence of taxation depends on......................
• Income Tax Act came into force on............................
• Section.................. of the Income Tax Act deals with exempted incomes.
• In which year Income Tax was levied in India for the first time ?