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Commerce · Q300

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 300

Q300

If recipient of income fails to furnish his Permanent Account Number to deductor of tax, the tax shall be deducted

A.
at the rate specified in the relevant section
B.
at the rate or rates in forces
C.
at the rate of 20%
D.
higher of the above rate
Answer

Answer: Option D

Solution

Answer: Option D
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