placeholder image to represent content

TDS

Quiz by josmi jose

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes
30 questions
Show answers
  • Q1
    Section _____ deals with the provisions relating to deduction of tax at source on interest other than interest on securities paid to a resident
    193
    195
    194A
    192
    30s
  • Q2
    As per section 194J, tax is to be deducted @ 10% from the payments made to any person who is engaged only in the business of call centre
    True
    False
    30s
  • Q3
    TDS stands for
    Tax Deducted Scheme
    Tax Deducted at Source
    Tax Deposited at Source
    Tax Deductible Source
    30s
  • Q4
    As per section 194J, tax is to be deducted in respect of
    Fees for professional/technical services paid to resident
    Payment made to resident contractors
    Insurance commission paid to resident
    Interest other than interest on securities paid to resident
    30s
  • Q5
    Where is TDS applicable?
    all of the above
    Commission
    Professional fees
    Salary
    30s
  • Q6
    The rate of TDS on rental payments of plant and machinery or equipments is _______
    2%
    1%
    10%
    5%
    30s
  • Q7
    Advance tax is payable when tax payable by an assesee is _______ or more
    10,000
    25,000
    15,000
    12,000
    30s
  • Q8
    'Pay As You earn ' is also called _____
    Income tax
    Deduction of tax at source
    Advance payment of tax
    Collection of tax at source
    30s
  • Q9
    All tax payers are required to pay up to 45% of advance tax by
    30th June
    15th June
    30th September
    15th September
    30s
  • Q10
    Tax at the rate of ____will be deducted at the source by bookmakers and race clubs from winnings from horse races where the payment exceeds₹10000
    30%
    25%
    15%
    20%
    30s
  • Q11
    The TDS Certificate issued by an employer to his employees in case of salary income is
    Form 16 A
    Form 16 AA
    Form 15
    Form 16
    30s
  • Q12
    As per section___of the Income-tax Act, 1961, every person who deducts or collects tax at source has to apply for the allotment of TAN
    210
    139A
    203A
    203AA
    30s
  • Q13
    Deduction of tax at source for insurance commission is @ _____________
    15%
    5%
    20%
    12%
    30s
  • Q14
    Interest for delay in payment of refund arising due to any tax deducted/collected at source or tax paid by way of advance tax is granted @ _______ % for every month
    .75
    1
    1.5
    ½
    30s
  • Q15
    The provisions relating to interest on delay in payment of refund are given in section
    234A
    244A
    244B
    234B
    30s

Teachers give this quiz to your class