alleryStart learning →Income tax paid to the government by the payer rather than the recipient is called what?
ASurcharge levy
BTax withholding
CWealth tax levy
DSelf-assessment tax
Answer & Solution
Correct answer: B. Tax withholding
Tax deducted by the payer and paid to the government is tax withholding, or deduction at source.
Keep practising Double Taxation
Browse all Double Taxation questions for CA Final, or explore more Taxation topics.
Related questions
One test of residence in India under the Income-tax Act is a stay of at least how many dayAfter which leaks did the EU and OECD seek automatic exchange of information on tax rulingWhich WTO agreement recognises advance rulings?Customs advance rulings commonly deal with which matter?A ruling may be modified or revoked because of which development?An advance ruling typically does not bind courts or whom else?A deemed paid credit covers taxes paid by which entity on dividends received?Singapore grants foreign tax credit only to whom?