Match the following provisions of the Income-tax Act, 2025 and select the correct option:…
The correct matching is (i)-(b), (ii)-(c), (iii)-(d), (iv)-(a). Under the Income-tax Act, 2025, section 392(1) covers salary deduction, while the table in section 393(1)…
Choose your answer
Match the following provisions of the Income-tax Act, 2025 and select the correct option:
| Provision | Relating to TDS from |
|---|---|
| (i) Section 392(1) | (a) Insurance Commission |
| (ii) Section 393(1), Table serial number 5(i) | (b) Salaries |
| (iii) Section 393(1), Table serial number 7 | (c) Interest on securities |
| (iv) Section 393(1), Table serial number 1(i) | (d) Dividend |
Answer and explanation
Correct answer A
The correct matching is (i)-(b), (ii)-(c), (iii)-(d), (iv)-(a). Under the Income-tax Act, 2025, section 392(1) covers salary deduction, while the table in section 393(1) covers interest on securities at serial number 5(i), dividends at serial number 7, and insurance commission at serial number 1(i).
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Rajasthan SET (RSET)