New Enroll in RBI Grade B New Batch - Starts on May 21

    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 ___________.
    A ₹5,000 Correct Answer Incorrect Answer
    B ₹10,000 Correct Answer Incorrect Answer
    C ₹20,000 Correct Answer Incorrect Answer
    D ₹30,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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