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Under section 195, what TDS rate applies to a non-resident's 112A long-term gains above Rs 1,25,000?

A12.5%
B20%
C15%
D10%
Answer & Solution
Correct answer: A. 12.5%
Long-term gains taxed under section 112A above Rs 1,25,000 attract 12.5 percent under section 195.
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