Who was asked in 1956 to investigate the Indian tax system for the second Five-Year Plan?
AMahavir Tyagi
BNicholas Kaldor
CJames Wilson
DP.C. Mahalanobis
Answer & Solution
Correct answer: B. Nicholas Kaldor
Nicholas Kaldor reviewed the tax system in light of the second plan's revenue needs and submitted an exhaustive report.
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?