Multiple Choice Questions on Rate of TDS under Section 194IB of Income Tax Act 1961 in case the rent payment by individual ........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Rate of TDS under Section 194IB of Income Tax Act 1961 in case the rent payment by individual ...........

Finance (Phase -I & II) Public Finance The union budget
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     Rate of TDS under Section 194IB of Income Tax Act,1961, in case the rent payment by individual and HUF exceeding Rs. 50,000 p.m. with PAN will be:
     
     10%
     
    Incorrect Answer
     15%
     
    Incorrect Answer
     20%
    Incorrect Answer

     5%

    Correct Answer
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    Explanation:
     Rate of TDS under Section 194IB of Income Tax Act,1961, in case the rent payment by individual or HUF exceeding Rs. 50,000 p.m. with PAN will be 5%
     

    By: Vikas Goyal
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