Deduction and Collection of tax at source 

1. Under section 208, it is obligatory for an assessee to pay advance tax where the tax payable is –
   (a) Rs. 10,000 or more
   (c) Rs. 5,000 or more
   (b) Rs. 20,000 or more
   (d) Rs. 8,000 or more. (June, 2015)
2. Which of the following assessee is not liable to pay advance tax u/s 207
   (a) A senior citizen having income chargeable under the head ‘profits and gains of business or
   profession’
   (b) A senior citizen not having income chargeable under the head ‘profits and gains of business or profession’
   (c) A super senior citizen having income chargeable under the head ‘profits and gains of
   business or profession
   (d) A resident individual not being senior citizen having income chargeable under the head ‘profits and gains of business or profession’. (CSJune, 2015)
3. The maximum amount of rent payment where deduction of tax at source is not required in a financial year is _ (Dec. 2014)
   (a) Rs. 1,20,000
   (b) Rs. 1,80,000
   (c) Rs. 2,00,000
   (d) None of the above.
4. Rohan won a State Government lottery of Rs. 1,00,000. The government should deduct tax on such winning amounting to –
   (a) Rs. 30,000
   (c) Rs. 33,990
   (b) Rs. 33,000
   (d) Rs. 30,900(CS June 2016)
5. The person responsible for paying any income by way of winnings from lottery an amount exceeding Rs.10,000, shall deduct –
   (a) TDS@30%
   (c) TDS@10%
   (b) TDS @ 30.9%
   (d) No TDS.(CS December 2015)
6. Deduction of tax from salary as per section 192 shall be at –
   (a) 10% of salary
   (b) The average rate of income-tax computed on the basis of rates in force for the financial year in which the payment is made
   (c) The maximum marginal rate of 30%
   (d) None of the above (CS June 2016)