Income tax mcq

MCQ Quiz on Income Tax History in India

1. Who introduced the income tax in India for the first time?

a) Lord Curzon
b) Sir James Wilson
c) Lord Dalhousie
d) Warren Hastings

Answer: b) Sir James Wilson

2. In which year was income tax first introduced in India?

a) 1857
b) 1860
c) 1886
d) 1918

Answer: b) 1860

3. Why was income tax introduced in India in 1860?

a) To fund British administration expenses
b) To compensate losses due to the Military Mutiny of 1857
c) To support the construction of railways
d) To finance trade expansion

Answer: b) To compensate losses due to the Military Mutiny of 1857

4. When was the first separate Income Tax Act passed in India?

a) 1860
b) 1886
c) 1918
d) 1922

Answer: b) 1886

5. Until which year did the Income Tax Act of 1886 remain in force?

a) 1900
b) 1917
c) 1922
d) 1961

Answer: b) 1917