AIBE Prep › Papers › AIBE XI — December 2017 › Q.99
← 98 ☰ Paper 100 →
99/100
Q.99
Taxation Law Medium Knowledge-Based
Bare Act Income Tax Act, 1961 · Section 1

Income Tax Act was enacted in

A 1951
✓ 1961 Answer
C 1971
D None of the above
📋

Explanation & Strategy

Click any section to expand · only one open at a time

The Income Tax Act was enacted in 1961 and came into force on 1st April 1962. It replaced the Income Tax Act, 1922 and is the current governing legislation for income taxation in India.

At a Glance
Subject Taxation Law
Difficulty Medium
Act Income Tax Act, 1961
Section Section 1
Answer (B) Knowledge-Based
Paper AIBE XI — December 2017
Navigation
← Q.98 ☰ All Questions Q.100 →
🎯 Mock Test
Progress in Paper
Q.99 100 questions

99% through paper

📖 Open Book — Reading Mode Income Tax Act, 1961