Question
Under which section of the Income Tax Act, 1961, are the
provisions related to TDS on interest other than interest on securities mentioned?Solution
Section 194A of the Income Tax Act, 1961 deals with the provisions related to TDS on interest other than interest on securities. It states that any person, other than an individual or a Hindu undivided family, who is responsible for paying interest (other than interest on securities) to a resident, is required to deduct TDS at the prescribed rates. The TDS amount is then deposited with the Income Tax Department on behalf of the recipient.
In which year the First Financial Stability Report was released?
Which among the following are recorded in the Balance of Payment (BoP)?
Which mineral is predominantly found in the Amarkantak plateau in Chhattisgarh?
India's rank in Global Prosperity Index 2017 is
A battery is used to:
Where is the Airavatesvara Temple, a fine example of Dravidian architecture, located?
Paytm has acquired a personal assistant app Shifu for how much ?
The Foreign Exchange Management Act was enacted in ___________________.
Zero coupon bonds yield zero interest
Which slogan is attributed to Swami Vivekananda?