Normal rates of income-tax are pre-scribed in the ……….
A. Income-tax Act, 1961
B. Income-tax Rules, 1962
C. Finance Act of the current year
D. CBDT circulars
Answer:C
Normal rates of income-tax are pre-scribed in the ……….
A. Income-tax Act, 1961 B. Income-tax Rules, 1962 C. Finance Act of the current year D. CBDT circulars