Manoj (age 45) earned ₹5,20,000 from business and ₹32,000 as interest on fixed deposits held with Canara Bank for the year ended 31st March, 2021. How much would be the amount of tax deductible at source by the bank on t
CS Executive · Tax Laws · PYQS · June 2021
Manoj (age 45) earned ₹5,20,000 from business and ₹32,000 as interest on fixed deposits held with Canara Bank for the year ended 31st March, 2021. How much would be the amount of tax deductible at source by the bank on the said deposit?
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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