The Income-tax Act that preceded the Income-tax Act, 2025 was enacted in
The Income-tax Act was enacted in "1961" and came into force on 1 April 1962; it was the principal law governing the levy, collection and administration of income tax in…
Choose your answer
The Income-tax Act that preceded the Income-tax Act, 2025 was enacted in
Answer and explanation
Correct answer B
The Income-tax Act was enacted in "1961" and came into force on 1 April 1962; it was the principal law governing the levy, collection and administration of income tax in India until it was replaced by the Income-tax Act, 2025.
Practice for these exams
-
All India Bar Examination (AIBE)
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
AILET PG
Subject revision