Part A of Form 15CA is used for payments to a non-resident up to which yearly aggregate?
ARs 1,00,000
BRs 5,00,000
CRs 10,00,000
DRs 2,00,000
Answer & Solution
Correct answer: B. Rs 5,00,000
Part A of Form 15CA applies when the aggregate payment to the non-resident does not exceed Rs 5,00,000 in the year.
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