XYZ Ltd during the previous year 2019-20 has made payments for Professional Services of ₹15,000 and of ₹20,000 towards Royalty to Mahesh Kumar. TDS required to be deducted by XYZ Ltd for Assessment Year 2020-21 out of su
CS Executive · Tax Laws and Practice · PYQS · December 2020
XYZ Ltd during the previous year 2019-20 has made payments for Professional Services of ₹15,000 and of ₹20,000 towards Royalty to Mahesh Kumar. TDS required to be deducted by XYZ Ltd for Assessment Year 2020-21 out of such payments shall be ______.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Tax Deducted at Source (TDS)
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