"Hello Everyone, myself CA Rajesh Kumar I am Proprietor of Rajesh R Kumar & Associates is a reputed Chartered Accountant firm with over 2 years of post-qualification experience, specializing in tax consultancy, auditing, and financial advisory services. We offer comprehensive solutions in income tax, GST, corporate compliance, and international taxation. With a commitment to professionalism and integrity, our experienced team provides personalized services, ensuring efficient tax planning, precise financial management, and full compliance with regulatory requirements. Whether assisting businesses with audits or resolving complex financial matters, we focus on delivering value-driven solutions to foster long-term growth. At Rajesh R Kumar & Associates, we are dedicated to empowering clients with expert guidance for sustained financial success."
Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source once partner-wise payments exceed Rs. 20,000 annually.
The law taxes business/professional benefits via 10% TDS, even for non-cash perks. The key takeaway is tax must be ensured before releasing the benefit.
