While deciding liability of an individual to deduct tax on payment of fees for professional services, which of the following is immaterial -

CA Intermediate · Taxation · MTP · May 2025
While deciding liability of an individual to deduct tax on payment of fees for professional services, which of the following is immaterial -
(A) Amount paid to professional
(B) Turnover of financial year immediately preceding financial year in which payment made
(C) Turnover of financial year in which payment is made
(D) Amount of fees for professional services

Suggested Answer and Working Notes:

Correct Answer: Option (C)

Turnover of financial year in which payment is made

Topics: Paper 3A: Income Tax Laws

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic