UPSC Prelims Practice Questions — Tax laws need teeth to deal with bigwig evaders: SC
Q1. The Income-tax Act, 2025 — which replaces the Income-tax Act, 1961 with effect from 1 April 2026 — was enacted as which numbered Central Act of 2025?
- A. Act No. 12 of 2025
- B. Act No. 24 of 2025
- C. Act No. 30 of 2025
- D. Act No. 45 of 2025
Q2. With reference to the Income-tax Act, 2025 vis-à-vis the Income-tax Act, 1961, consider the following statements:
1. Section 247 of the Income-tax Act, 2025 corresponds to Section 132 of the Income-tax Act, 1961 dealing with search and seizure.
2. Unlike the 1961 Act, the 2025 Act explicitly empowers authorised officers to access a 'virtual digital space', including by overriding access codes where unavailable.
3. The Income-tax Act, 2025 was brought into force on the very day on which it received the assent of the President.
Which of the statements given above is/are correct?
- Section 247 of the Income-tax Act, 2025 corresponds to Section 132 of the Income-tax Act, 1961 dealing with search and seizure.
- Unlike the 1961 Act, the 2025 Act explicitly empowers authorised officers to access a 'virtual digital space', including by overriding access codes where unavailable.
- The Income-tax Act, 2025 was brought into force on the very day on which it received the assent of the President.
- A. 1 and 2 only
- B. 2 and 3 only
- C. 1 and 3 only
- D. 1, 2 and 3
Q3. The challenge to Sections 247 and 249 of the Income-tax Act, 2025 invoked the right to informational privacy. Which of the following is the lead Supreme Court judgment that established the Right to Privacy as a fundamental right under Article 21?
- A. Maneka Gandhi v. Union of India (1978)
- B. ADM Jabalpur v. Shivkant Shukla (1976)
- C. M.P. Sharma v. Satish Chandra (1954)
- D. K.S. Puttaswamy (Retd.) v. Union of India (2017)
Q4. Which of the following is the apex statutory body that administers the Income-tax Act, 2025 and notified the Income-tax Rules, 2026 to operationalise the new Act?
- A. Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue
- B. Central Board of Direct Taxes (CBDT), under the Department of Revenue, Ministry of Finance
- C. Financial Intelligence Unit – India (FIU-IND), under the Department of Revenue
- D. Directorate General of Income Tax (Investigation), exclusively under the Ministry of Home Affairs