The first income tax act was introduced in the year

A. 1918

B. 1861

C. 1860

D. 1886

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  1. Assessment year 2006-07 commenced on
  2. Any receipt of casual and non-recurring nature is known as casual income
  3. Every employer should pay fringe benefit tax within
  4. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  5. Tax on fringe benefit has been introduced from the assessment year
  6. Which of the following income is / are exempt from tax?
  7. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  8. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  9. The apex body of Income Tax Department. is
  10. The rates of income tax are specified in
  11. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  12. PAN is necessary for the following assessees -
  13. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be
  14. The Income Tax Act, which is still in force in India, was enforced in
  15. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  16. The income of previous year of an assessee is taxed during the following assessment year
  17. No interest is available if the amount of refund of income tax paid is less than
  18. Expected Rent can be determined in the following way
  19. The Income Tax Act 1961 came into force on
  20. YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
  21. The term "Person" includes
  22. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  23. When a person has paid the security transaction tax on transfer of equity shares he does not have to…
  24. If a self occupied property is converted into HUF property without adequate consideration then
  25. Contribution to superannuation fund is
  26. The CBDT consists of
  27. Uncommuted pension received by a Government employee is fully exempt from tax.
  28. Tax' is imposed on a person by
  29. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  30. The first income tax act was introduced in the year