Q11
Under Section 271 C of the Income Tax Act, 1961 the amount of penalty for failure to deduct tax at source is
A.
10% of tax which is otherwise deductible under Section 194 C
B.
100% of tax which is otherwise deductible under Section 194 C
AnswerC.
200% of tax which is otherwise deductible under Section 194 C
D.
300% of tax which is otherwise deductible under Section 194 C
Answer: Option B
Solution
Answer: Option B
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