What share of income did the king receive as tax according to the Bodhayana Dharmasutras?
A1/4th
B1/10th
C1/3rd
D1/6th
Answer & Solution
Correct answer: D. 1/6th
The Bodhayana Dharmasutras record that the king received one sixth of his subjects' income as tax in return for protecting them.
Keep practising Income Tax Department
Browse all Income Tax Department questions for CA Final, or explore more Taxation topics.
Related questions
Form 49A is the PAN application form for which applicants?Which pattern shows a PAN's layout (L is a letter, N a numeral)?Which fourth character in a PAN stands for a Hindu Undivided Family?Which letter marks a firm in the fourth position of a PAN?Under section 270A, the penalty on misreported income is what share of the tax?Which section deals with assessment of income escaping assessment?A normal return is filed under which section?Which section lets an assessing officer flag a return as defective?