As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a par

Ask a Question

Question Asked by a Student from EXXAMM.com Team

Q 1518167909.     As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt.?
I. Tax on Income
II. Tax on Expenditure
III. Tax on property of Capital Asset
IV. Tax on Goods and Services

A

Both I and III only

B

Both II and IV only

C

All of the above

D

Either I or II

E

None of the above

HINT

Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

Find instant solution to any question from our database of 1.5 Lakh + Questions

 

Access free resources including

  • 100% free video lectures with detailed notes and examples
  • Previous Year Papers
  • Mock Tests
  • Practices question categorized in topics and 4 levels with detailed solutions
  • Syllabus & Pattern Analysis

Engineering

Medical

Banking

DEFENCE

SSC

RRB

CBSE-NCERT

OLYMPIAD