Arrange the following taxes in the sequence in which they were introduced, starting from the earliest to latest:
(A) Commodities Transaction Tax
(B) Securities Transaction Tax
(C) Banking Cash Transaction Tax
(D) Minimum Alternate Tax
(E) Angel Tax
Choose the correct code from the following:

Correct option is A

Correct Answer: (1) (D), (B), (C), (E), (A)
Chronological Order:

• Minimum Alternate Tax (MAT) – 1987/1996
  Introduced to tax "zero-tax companies" under Section 115JA of the Income Tax Act (effective 1996-97). Conceptually, a form of MAT existed from 1987.
  
• Securities Transaction Tax (STT) – 2004
  Introduced in the 2004 Union Budget, effective October 2004.
  
• Banking Cash Transaction Tax (BCTT) – 2005
  Introduced in 2005-06 (withdrawn in 2009).
  
• Angel Tax – 2012
  Introduced by Section 56(2)(viib) of Income Tax Act to tax premium on shares issued by closely held companies.
  
• Commodities Transaction Tax (CTT) – 2013
  Introduced in 2013 on non-agricultural commodity futures.
  
• Conclusion- MAT → STT → BCTT → Angel Tax → CTT is the correct historical sequence.