Taxes and duties referred to in the Union list except those referred to in Articles 268 and 269, surcharge on taxes and duties and any cess levied by the ______ for specific purpose are to be collected by the Government
CS Executive · Tax Laws and Practice · PYQS · December 2020
Taxes and duties referred to in the Union list except those referred to in Articles 268 and 269, surcharge on taxes and duties and any cess levied by the ______ for specific purpose are to be collected by the Government of India and are to be distributed between the Union and the States.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A). Official source note: Taxes and duties referred to in the Union list except those referred to in Articles 268 and 269, surcharge on taxes and duties and any cess levied by the _______ for specific purpose are to be collected by the Government of India and are to be distributed between the Union and the States. (A) Parliament (B) Central Board of Direct Taxes (C) Finance Minister (D) Revenue Administration Authority
Topics: Basic Concepts of Income Tax
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