The Income-tax Act that preceded the Income-tax Act, 2025 was passed in the year __________.
The predecessor Income-tax Act was enacted in 1961. It preceded the Income-tax Act, 2025, which replaced that legislation.
Choose your answer
The Income-tax Act that preceded the Income-tax Act, 2025 was passed in the year __________.
Answer and explanation
Correct answer A
The predecessor Income-tax Act was enacted in 1961. It preceded the Income-tax Act, 2025, which replaced that legislation.
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Tamil Nadu SET (TNSET)