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No TDS on a resident payment: what share is disallowed under s.40(a)(ia)?

A30 percent
B20 percent
C10 percent
D100 percent
Answer & Solution
Correct answer: A. 30 percent
Section 40(a)(ia) disallows thirty per cent of a sum payable to a resident on which tax was deductible but not deducted or paid.
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