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Q. |
Mr.Marshal owned network of telecom towers and infrastructure services. He let out these to major telecom operators of the country. He applied u/s. 197 for obtaining a certificate of lower deduction of tax. As per the Judgment of Indus Towers Ltd. Vs CIT (2014)(Del.) at what rate Tax shall be deducted |
A. | 1% u/s 194C |
B. | 10% u/s 194I |
C. | 2% u/s 194I |
D. | 0.5% u/s 194C |
Answer» C. 2% u/s 194I |
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