As per Income Tax Act, 1961, income tax is charged on the income ofat – McqOptions

MCQOPTIONS

1.	As per Income Tax Act, 1961, income tax is charged on the income ofat a rates which are prescribed by the Finance Act of relevant assessmentyear.
A.	current year
B.	one year before previous year
C.	previous year
D.	none of the above
Answer» D. none of the above

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