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Debenture interest due is Rs 20,000 and TDS is 10 percent. What is paid to holders?
ARs 20,000
BRs 22,000
CRs 18,000
DRs 2,000
Answer & Solution
Correct answer: C. Rs 18,000
TDS of Rs 2,000 is kept back for the government, so Rs 18,000 goes to the holders.
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