Home
Subscribe TechModgy to learn about new technologies!

Income Tax Act 1922 is a "milestone" because

A. This Act introduced first the concept of aggregating incomes under different
Heads

B. It introduced the concept of "resident but not ordinarily resident"

C. This Act is still in force in India

D. Under this Act the administration was shifted completely from the provincial
Govt to the Central govt.

Please do not use chat terms. Example: avoid using "grt" instead of "great".