The Income-tax Act, 1961 replaced which earlier law?
AIndian Income Tax Act, 1918
BIndian Income Tax Act, 1860
CIndian Income Tax Act, 1922
DIndian Income Tax Act, 1939
Answer & Solution
Correct answer: C. Indian Income Tax Act, 1922
The 1961 Act took over from the Indian Income Tax Act, 1922, which had been amended repeatedly.
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