TDS - income tax

Question 1

192

Answer 1

SALARY

Question 2

192A

Answer 2

PRE MATURE WITHDRWARAL OF RPF

Question 3

193

Answer 3

INTEREST ON SECURITIES

Question 4

194

Answer 4

DIVIDEND

Question 5

194A

Answer 5

INTERESET OTHER THAN INTR ON SECURITIES
(aaye 193 se alag che)

Question 6

194 B

Answer 6

casual income …all

Question 7

194BB

Answer 7

horse race income

Question 8

194 C ©

Answer 8

work contract

Question 9

194 D

Answer 9

D = IC
insurance commission

Question 10

important

194 DA ⭐

Answer 10

life insurance policy

Question 11

194 E

Answer 11

E= england ka sortman
non resident sportman

Question 12

194 EE

Answer 12

PAYMENT FROM NSS

Question 13

194 I

Answer 13

RENT

on balance sheet assets
* 2% …. plant machinery
* 10% …. l&b , f&f

Question 14

194 F

Answer 14

F= FUNDS
REPURCHASE OF UNITS ( MUTAUL FUNDS\ UTI)

Question 15

194 G

Answer 15

LOTTERYY LGGI JII
COMMON SALE OF LOTTERY

Question 16

194 O

Answer 16

OOOOO… e- cOmmerce

Question 17

194 BA

Answer 17

BA= WAHH in bihari accent
WINING FROM ONLINE GAMES

Question 18

194 LA

Answer 18

LA LA .. JLDI SE LA ..
COMPULSORY ACQUISTION

Question 19

194 P

Answer 19

PENSION ( ALONG WITH INTEREST )

Question 20

194 Q

Answer 20

PURCHASE OF GOODS

* payer = turnover= more than 10 crore
* limit = more than 50 lakh

• rate 0.1%
• agr pan nhi h = 5%

Question 21

194 R

Answer 21

peRquisites

Question 22

194 K

Answer 22

income from units
( income in 1000 = K)

Question 23

⭐⭐⭐

194 M

Answer 23

jha C, J, H, nhi vha M lgega

limit 50 l
rate 5%

Question 24

194 N

Answer 24

N= Nakad
tds on cash withdrawal

limit = more than 1 cr in whole year
more than 3 cr for coop society
rate 2%

modification
if , you have not filed return for last 3 years
20 lakh - 1cr ➡ 2%
more than 1 cr ➡ 5%

Question 25

194 H

Answer 25

hmara sathi Commission or brokerage
limit 15000
rate 5%

Question 26

194 IA

Answer 26

aaiye aur immovable prop le jaiye

50 lakh , 1%

Question 27

residential purpose

194 IB

Answer 27

payment of rent
50,000 p.m.
5%
without Pan + 20%

Question 28

194 J

Answer 28

Jai professional
fees for prof. or tech service
limit = 30,000
10% ➡ prof service ‘ other than royalty
2% ➡ tech service, royalty

Question 29

194 IC

Answer 29

i see 👀👀… something is special huhh…
payment under special agreement
u/s 45 (5A)
rate 10%

Question 30

consequences of failure to deduct or pay by assesse in default

Answer 30

⭐NOT DEDUCTED
INTEREST = TAX * 1% ( per month ; part of the month )* TIME (deductable to deduct )

⭐ DECUCTED BUT NOT DEPOSITED
INTERESET = TAX * 1.5%* TIME ( deducted to deposit)