Question: 6

What is the TDS exemption limit for contractor and sub-contractor?

(A) 5000

(B) 10000

(C) 20000

(D) 50000

Question: 7

What is the TDS exemption limit for professional fees like Audit fees, Consultancy fees, Training fees?

(A) 15000

(B) 20000

(C) 25000

(D) 50000

Question: 8

Which shortcut key is used to enable Tax Deducted at Source [TDS]?

(A) F9

(B) F11

(C) F12

(D) Alt + F12

Question: 9

Which group [Under] should be selected for TDS on Advertisement A/C?

(A) Indirect Expenses

(B) Duties & Taxes

(C) Indirect Incomes

(D) Sundry Creditors

Question: 10

Which group [Under] should be selected for TDS on Professional or Technical Services A/C?

(A) Indirect Expenses

(B) Indirect Incomes

(C) Duties & Taxes

(D) None of these