Andhra Traders a partnership firm paid ₹ 80,000 as contract charges to AKP & Co. (firm). No tax was deducted at source for the above said payment. The amount liable for disallowance under section 40a(ia) for the asse
CS Executive · Tax Laws and Practice · PYQS · June 2017
Andhra Traders a partnership firm paid ₹ 80,000 as contract charges to AKP & Co. (firm). No tax was deducted at source for the above said payment. The amount liable for disallowance under section 40a(ia) for the assessment year 2017-18 is:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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