alleryStart learning →Under the 194C(5) proviso, a small payment is still taxed once the year's aggregate
AExceeds the limit
BIs paid by cheque
CIs paid to a firm
DIs paid in March
Answer & Solution
Correct answer: A. Exceeds the limit
The proviso makes the payer liable to deduct when the financial year's aggregate of such sums exceeds the stated annual limit.
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