Question

Under which section of the Income Tax Act, 1961, are the provisions related to TDS on interest on securities mentioned?

A Section 194B Correct Answer Incorrect Answer
B Section 194C Correct Answer Incorrect Answer
C Section 193 Correct Answer Incorrect Answer
D Section 194A Correct Answer Incorrect Answer

Solution

Explanation: TDS on interest on securities is covered under Section 193 of the Income Tax Act, 1961. This section outlines the rules and provisions for deducting and depositing TDS on interest income earned from securities.

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