Tax is required to be deducted at .. from interest payable to a resi – McqOptions

MCQOPTIONS

1.	Tax is required to be deducted at .. from interest payable to a resident. (Assuming PAN details are available)
A.	10%
B.	20% if payee is domestic company else 10%
C.	10% + Surcharge (if any) + Cess + SHEC
D.	20%
Answer» B. 20% if payee is domestic company else 10%

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