Anyway (P) Ltd. paid sitting fees to directors, who attended the Board Meeting. S was paid ₹5,000 per meeting and he attended 7 meetings during the year. The amount of tax deductible at source on the sitting fees would b
CS Executive · Tax Laws and Practice · PYQS · December 2019
Anyway (P) Ltd. paid sitting fees to directors, who attended the Board Meeting. S was paid ₹5,000 per meeting and he attended 7 meetings during the year. The amount of tax deductible at source on the sitting fees would be __________ if S has not furnished his PAN.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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