GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following was the chairman of the Committee on Pricing and Taxation of Petroleum products?
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Raja J Chelliah
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C Rangarajan
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Y V Reddy
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Abid Hussian
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Explanation:
Detailed explanation-1: -Direct Taxes Advisory Committee set up-Direct Taxes Administrative Enquiry Committee constituted. Income-tax Act, 1961 came into existence w.e.f. 1-4-1962. Revenue Audit introduced for the first time in the Department. New system for evaluation of work done by Income-tax Officers introduced.
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