Question
Under Section 194B of the Income Tax Act, 1961, any
person responsible for paying any person any income by way of winning from any lottery or crossword puzzle or card game and other game of any sort, is responsible to deduct tax, if such income exceeds ___________.Solution
The correct answer is B
799.99 + 1500.12 ÷ 29.98 × 50.01 = ? × 24.96
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