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Section 194N provides that every person, being a banking company to which the Banking Regulation Act, 1949 applies (including any bank or banking institution referred under section 51 of that Act) a co-operative society engaged in carrying on the business of banking or a post office who is responsible for paying any sum, being the amount or aggregate of amounts, as the case may be, in cash exceeding 1 crore during the previous year, to any person from one or more accounts maintained by such recipient-person with it, shall deduct tax at source @2% of such sum.
While calculating the claim outstanding at the end, which claims are considered?
Which of the following section deals with deduction in respect of Interest on deposits in savings/FD account in case of resident senior citizens?
Under marginal costing, which of the following cost will NOT be attributed to the product cost?
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
Which among the following profitability level is the profit from which the fixed costs are to recovered first to arrive at the profit?
Which of the following is not one of the factors that play a role in charging depreciation?
Which of the following is not a source of long-term finance?