Question

    Under section 194D of the Income Tax Act, 1961, what is

    the rate of Tax Deducted at Source (TDS) on insurance commission, if the payee is a domestic company?
    A 5% Correct Answer Incorrect Answer
    B 2% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 1% Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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