Tax to be collected at source in case of commission on sale of lottery tickets.

Related MCQs

• Tax is deducted at source on winning from lottery, the rate for such deduction in case of resident individual deductee is:
• Tax to be collected at source in case of motor vehicle value exceeding ________.
• Tax is required to be collected on sale of:
• As per section 271H, where a person fails to file the statement of tax deducted/collected at source i.e. TDS/TCS return on or before the due dates prescribed in this regard, then he shall be liable to pay penalty under section 271H. Maximum penalty that can be levied is ______.
• Short-term capital gain on sale of listed shares (STT paid) in a recognized stock exchange is chargeable to income-tax @ ______ %.
• When Mr. Avinash earned long-term capital gain of Rs. 1,80,000 on sale of listed shares, his total income being Rs. 10 lakhs, the amount of income-tax (including cess) on the said long-term capital gain would be _________ .
• TDS on commission other than insurance commission
• Advance tax is required to be paid by all assessee only if estimated advance tax liability is
• Net salary after deducting tax at source Rs. 10,000 is Rs. 2,50,000 .The amount of taxable salary is:
• When tax is not deducted at source on annual rent of Rs.2 lakhs paid to landlord by a company, the amount liable for disallowance under section 40(a) (ia) is