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16:32 sir son is major rightNo where mentioned son is dependentWont the amount be taxable in the hands of son itself
sir TDS will be deducted U/S 194 IB na..@5% because it is immovable property on rent and payee has furnished his PAN
Rent is paid by Company so Section 194I will apply and not 194IB.
very scoring and easy paper
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16:32 sir son is major right
No where mentioned son is dependent
Wont the amount be taxable in the hands of son itself
sir TDS will be deducted U/S 194 IB na..@5% because it is immovable property on rent and payee has furnished his PAN
Rent is paid by Company so Section 194I will apply and not 194IB.
very scoring and easy paper