What income is subject to ordinary TDS under section 392(1) of the Income-tax Act, 2025?
Question and options
What income is subject to ordinary TDS under section 392(1) of the Income-tax Act, 2025?
Salary
Interest on securities
Rent
Life insurance proceeds
Answer and explanation
Correct answer: A - Salary
Section 392(1) requires a person paying income chargeable under the head 'Salaries' to deduct tax at the time of payment. Interest on securities, rent and life insurance payouts are dealt with in the Table in section 393(1).
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