The flexibility to revise rates through Finance Acts, and not by amending Income-tax Act was given for the first time in Income-tax Act,
A. 1860
B. 1886
C. 1918
D. 1922
Answer:D
The flexibility to revise rates through Finance Acts, and not by amending Income-tax Act was given for the first time in Income-tax Act,
A. 1860 B. 1886 C. 1918 D. 1922