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Commerce · Q626

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 626

Q626

Tax is . . . . . . . . at source by the seller from the buyer at the time of debiting the amount to account of the buyer or the receipt of payment which ever is earlier.

A.
deducted
B.
deposited
C.
payable
D.
collected
Answer

Answer: Option D

Solution

Answer: Option D
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