alleryStart learning →A firm gives a resident dealer a free trip valued at Rs 80,000. What 194R TDS applies?
ARs 1,600
BRs 800
CRs 8,000
DRs 4,000
Answer & Solution
Correct answer: C. Rs 8,000
The value exceeds Rs 20,000 so 10 percent of Rs 80,000 is deducted, which is Rs 8,000.
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