TDS_AMAY DADHICH

Mr. Pankaj, a resident Indian, wins 10,000 in a lottery. Which of the statement is true?

• Tax is deductible u/s 194B @30%

• TDS is deductible u/s 194B @30.90%

• No tax is deductible at source

• None of the above

Ms. Manya paid fees for professional services of 40,000 to Mr. Rahul, who is engaged only in the business of opertion of call center, on 15.02.2024. Tax is to be deducted by Ms. Manya at the rate of-

• 10%

• 1%

• 2%

• No TDS as amount is less then 1,00,000

On what value TDS needs to be deducted?

• Invoice value excluding tax

• Invoice value including tax

• Contract value

• None of the above

ABC LTD received construction services from Mr. chand during F.Y. 22-23, amounting to RS. 1,20,000. what would be the TDS rate in this case u/s 194C?

• NO TDS as amount does not exceed 2,50,000

• 0.5%

• 1%

• 2%

TDS deducted is require to be deposited within_____ days from the end of the month in which TDS is deducted

• 5

• 7

• 10

• 30

As per section 192A premature withdrawal from recognized provident fund by Mr. Amay on 09.07.23 of RS. 50,000 would attract tds @ ?

• 5%

• 20%

• 10%

• Nil

In case of rent paid to goverment. what would be rate of TDS?

• 2%

• 5%

• 10%

• nil

Mr. Kamal purchased a property from Mr. Jeetu on 14.12.2023 amounting to Rs. 54,20,000, however SDV for the same property was 38,00,000( i.e less then 50 Lakh). What would be TDS amount here?

• 38,000

• 52,200

• 54,200

• 2,71,000

Mr. harshad mehta paid to angle broking RS.2,000 brokerage for acquisition os security. in which section tds will be deducted?

• 194H

• NONE OF THE ABOVE

• 194

• 194A

Mr. Anil, who is not required to get his accounts audited during the P.Y 22-23, paid 22,000 rent per month from April 2023 to March 2024 to N.K Lakhwani Ji. whether TDS is required to deduct? if yes, then at what rate?

• Yes, 10%

• Yes, 5%

• No

• Yes, 1%