Any person who is responsible for paying to a resident any income by way of rent shall be liable to deduct tax at source where the amount of such income credited or paid or likely to be credited or paid during the financial year to the account of, or to, the payee, exceeds ________.
A. ₹ 2,40,000
B. ₹ 10,000
C. ₹ 2,00,000
D. ₹ 50,000
Answer:A
Any person who is responsible for paying to a resident any income by way of rent shall be liable to deduct tax at source where the amount of such income credited or paid or likely to be credited or paid during the financial year to the account of, or to, the payee, exceeds ________.
A. ₹ 2,40,000 B. ₹ 10,000 C. ₹ 2,00,000 D. ₹ 50,000