alleryStart learning →Which earlier law was replaced by the Income-tax Act, 1961?
AIndian Income Tax Act, 1886
BIndian Finance Act, 1935
CIndian Income Tax Act, 1922
DIndian Taxation Act, 1947
Answer & Solution
Correct answer: C. Indian Income Tax Act, 1922
The 1961 Act took the place of the Indian Income Tax Act, 1922.
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