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Section 194R

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Section 194R: TDS Requirements on Benefits and Perquisites

Income Tax : Discover Section 194R introduced by the Finance Act 2022, detailing TDS requirements on benefits or perquisites provided to reside...

June 25, 2024 1017 Views 0 comment Print

Interpreting ‘Arising from Business or Profession’ for Section 194R of Income Tax Act

Income Tax : Understand the interpretation of 'arising from business or the exercise of a profession' for Section 194-R of the Income Tax Act. ...

June 3, 2024 711 Views 0 comment Print

Section 206AB: Special provision for deduction of TDS for non-filers of ITR

Income Tax : Explore Section 206AB of Income Tax Act, imposing higher TDS rates for specified persons not filing ITR. Learn conditions, rates, ...

December 6, 2023 4281 Views 0 comment Print

GST Implications on Section 194R Transactions: Analysis & Benefits

Goods and Services Tax : Explore the GST impact on transactions under Income Tax Section 194R. Analyzing benefits, taxation, and considerations for busines...

December 5, 2023 11829 Views 1 comment Print

Understanding Section 194R: Challenges, Guidelines and Solutions

Income Tax : Explore the practical challenges and guidelines of Income-tax Act's Section 194R introduced in 2022. Learn how to navigate complex...

November 18, 2023 2472 Views 0 comment Print


Latest Notifications


CBDT issues Additional Guidelines For TDS under section 194R

Income Tax : Additional Guidelines for removal of difficulties under section 194R(2) of Income-tax Act, 1961 - Circular No. 18/2022-Income Tax...

September 13, 2022 56592 Views 1 comment Print

CBDT notifies revised/new TDS Returns for TDS under section 194R, 194S

Income Tax : AMENDMENT TO RULE 30, 31, 31A AND FORM 26Q, 26QB, 26QC AND 26QD AND INSERTION OF NEW FORM 16E AND 26QE TO INCOME TAX RULES, 1962 V...

June 21, 2022 21492 Views 1 comment Print

Section 194R of Income-tax Act, 1961 – Guidelines & FAQs

Income Tax : CBDT issued Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961 vide Circula...

June 16, 2022 136701 Views 0 comment Print


Latest Posts in Section 194R

Section 194R: TDS Requirements on Benefits and Perquisites

June 25, 2024 1017 Views 0 comment Print

Discover Section 194R introduced by the Finance Act 2022, detailing TDS requirements on benefits or perquisites provided to residents, excluding discounts, rebates, or sales. Learn more here.

Interpreting ‘Arising from Business or Profession’ for Section 194R of Income Tax Act

June 3, 2024 711 Views 0 comment Print

Understand the interpretation of ‘arising from business or the exercise of a profession’ for Section 194-R of the Income Tax Act. Ensure TDS applicability on benefits.

Section 206AB: Special provision for deduction of TDS for non-filers of ITR

December 6, 2023 4281 Views 0 comment Print

Explore Section 206AB of Income Tax Act, imposing higher TDS rates for specified persons not filing ITR. Learn conditions, rates, and exemptions under this provision.

GST Implications on Section 194R Transactions: Analysis & Benefits

December 5, 2023 11829 Views 1 comment Print

Explore the GST impact on transactions under Income Tax Section 194R. Analyzing benefits, taxation, and considerations for businesses. Learn more.

Understanding Section 194R: Challenges, Guidelines and Solutions

November 18, 2023 2472 Views 0 comment Print

Explore the practical challenges and guidelines of Income-tax Act’s Section 194R introduced in 2022. Learn how to navigate complexities, avoid litigations, and ensure compliance.

Kamal Hassan has no TDS obligation but Kalanithi Maran has TDS obligation?

October 30, 2023 19743 Views 2 comments Print

An in-depth analysis of TDS obligations in the entertainment industry – Kamal Hassan and Kalanithi Maran’s gifting scenarios under the Income Tax Act.

Understanding Section 194R: TDS on Business and Professional Benefits

October 22, 2023 4449 Views 0 comment Print

Learn about Section 194R for TDS on benefits or perquisites from business or profession, rates, exceptions, guidelines, and more. Stay tax-compliant with our guide.

Section 194R TDS on on benefits or perquisites given in course of business or profession wef 01.07.2022

May 19, 2023 2790 Views 1 comment Print

Understand Section 194R TDS implications on benefits or perquisites in business or profession from July 1, 2022. Check our comprehensive guide on compliance, rates, and exemptions. Stay informed to avoid penalties.

TDS & TCS Recent Reforms and Provisions

March 31, 2023 495 Views 0 comment Print

Learn about TDS provisions in the Income Tax Act, including Section 194N, 1940, 194P, 194Q, 194R, 194S, 206C(1G), 206AB, and 206CCA. Stay compliant and avoid penalties.

Prosecution for non deduction of TDS under section 194S & 194R

February 5, 2023 6138 Views 0 comment Print

It is proposed to amend section 271C inserting two new sub-clauses under clause (b) in sub-section (1) providing reference to the first proviso to section 194R and the first proviso to section 194S. Similar amendments are also proposed in section 276B.

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