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Commerce · Q299

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 299

Q299

In case of salary, the liability to deduct tax at source arise

A.
when employees account is credited with the salary due to him, which due to some reason not paid
B.
only at the time of payment
Answer
C.
when it is due or at the time of payment
D.
only in the last three months of the financial year

Answer: Option B

Solution

Answer: Option B
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