Taxation · TDS
What is the threshold limit in a financial year for non-deduction of TDS under Section 194DA (payment in respect of life insurance policy) of the Income Tax Act?
- 1Rs. 15,000
- 2Rs. 5,000
- 3Rs. 1,00,000✓
- 4Rs. 30,000
Correct answer
Rs. 1,00,000
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