Which Act replaced the Income Tax Act, 1961 from 1 April 2026?
ADirect Taxes Code 2010
BFinance Act 2026
CCompanies Act 2013
DIncome-tax Act, 2025
Answer & Solution
Correct answer: D. Income-tax Act, 2025
The Income-tax Act, 2025 replaced the 1961 Act and came into effect on 1 April 2026.
Keep practising Taxation of Companies
Browse all Taxation of Companies questions for CA Final, or explore more Taxation topics.
Related questions
Which section imposes a late fee for delay in filing the return?Under-reported income attracts a penalty of what share of tax under section 270A?A defective return must be rectified within how many days of notification?A revised return to correct an omission is filed under which section?Which section governs a belated income-tax return?Cumulatively, what share of advance tax must be paid by 15 December?What is the rate of health and education cess levied on the tax of a company in India?Income tax is generally computed as tax rate multiplied by what?