• A

    X is an individual assesee. He pays a monthly rent of Rs. 10,000/- pm. He cannot deduct tax at source.


  • B

    On salaries, tax is deducted at source according to provisions of Section 192


  • C

    No tax is deducted at source in respect of interest on securities issued by a domestic company.


  • D

    Bank will deduct tax at source @ 10% if bank fixed deposit’s interest credit is more than Rs. 10,000/- in a year.