Which of the following statements are correct with regard to direct taxes ?(a) The incidence and effect of a direct tax is on the same person.(b) The incidence and effect of direct tax depends upon elasticity of demand and supply.(c) In case of direct taxes, the burden of tax cannot be shifted.(d) In case of direct taxes, the burden of tax can be shifted.Answer options :

• A. (a) and (c)
• B. (a), (b) and (c)
• C. (a), (b) and (d)
• D. None of the above