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A firm pays a partner Rs 5,00,000 as remuneration. What is the 194T TDS?

ARs 10,000
BRs 50,000
CRs 25,000
DRs 5,000
Answer & Solution
Correct answer: B. Rs 50,000
Sums paid to a partner above the limit bear 10 percent, which on Rs 5,00,000 is Rs 50,000.
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