Income-tax in India is charged at the rate(s) prescribed by:
A. The Finance Act of the assessment year
B. The Income-tax Act, 1961
C. The CBDT
D. The Finance Act of the previous year
Answer:A
Income-tax in India is charged at the rate(s) prescribed by:
A. The Finance Act of the assessment year B. The Income-tax Act, 1961 C. The CBDT D. The Finance Act of the previous year