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As we all know. Government of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the government?                                                           [Corporation Bank 2011]

I. Tax OH Income

II. Tax on Expenditure

III. Tax on Property or Capital Asset

IV. Tax on Goods and Services

Select the correct answer using the codes given below

A) I and II             

B) II and IV

C) II, III and IV

D) All of these

E) None of these