Tax deducted is deemed to be income received for the purpose of computing the income of an assessee as per section 198 of the Income Tax Act, 1961. However, tax deducted ............ is an exception and would not be deem
CS Executive · Tax Laws · PYQS · December 2021
Tax deducted is deemed to be income received for the purpose of computing the income of an assessee as per section 198 of the Income Tax Act, 1961. However, tax deducted ............ is an exception and would not be deemed to be an income received during the previous year chargeable to tax under the Act.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax Act, 1961
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