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The Taxation Laws (Amendment) Act, 2021, amends the Income Tax Act of ______.

  1. A
    1961
  2. B
    1974
  3. C
    1995
  4. D
    1988

Solution & Step-by-step Explanation

The Taxation Laws (Amendment) Act, 2021, amended the Income-tax Act, 1961 and the Finance Act, 2012. This amendment effectively scrapped the controversial retrospective tax law enacted in 2012.

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The Taxation Laws (Amendment) Act, 2021, amends the Income Tax Act of ______.
A
1961
B
1974
C
1995
D
1988

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EconomyActs and LawsTaxation

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