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Direct Taxation

Question 14 or 15

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Mridul Singhal

Mridul Singhal

CA Inter

1K+

18-Sep-22 06:43

677

Answers (6)

What is your doubt


Answer is A please refer 194C of TDS provisions


Harish Kumar

Harish Kumar

CA Inter

17K+

18-Sep-22 11:35

It is contract and also it is not for personal purpose.


Harish Kumar

Harish Kumar

CA Inter

17K+

18-Sep-22 11:36

Harish Kumar

It is contract and also it is not for personal purpose.

But answer D given h


Thread Starter

Mridul Singhal

Mridul Singhal

CA Inter

1K+

18-Sep-22 12:24

Salary given by Firm to its partners is not consider as salary as per Income Tax Act. Rather it is a share in profits. Hence not taxable. Thus, no TDS.


Seemran Singh

Seemran Singh

CA Final

4K+

18-Sep-22 17:54

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