Follow Us :

Section 194R

Latest Articles


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 3636 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 9561 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 2256 Views 0 comment Print

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

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

October 30, 2023 19575 Views 2 comments Print

Understanding Section 194R: TDS on Business and Professional Benefits

Income Tax : Learn about Section 194R for TDS on benefits or perquisites from business or profession, rates, exceptions, guidelines, and more. ...

October 22, 2023 2820 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 55869 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 21051 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 134985 Views 0 comment Print


TDS under Section 194R : CBDT Guideline

November 28, 2022 15876 Views 1 comment Print

Understand TDS under Section 194R as per CBDT guideline. Learn about the 10% TDS deduction on benefits provided in business or profession.

Section 194R of the Income Tax Act, 1961

September 26, 2022 154329 Views 8 comments Print

Understand Section 194R of the Income Tax Act, 1961. Learn about the obligation to deduct tax at source on benefits provided to residents.

Analysis of New Clarifications on TDS under section 194R

September 16, 2022 6012 Views 0 comment Print

Explore the latest insights on TDS under section 194R through a detailed analysis of new clarifications issued on 13th Sept. 2022 in Circular No. 18 of 2022-Income Tax. Uncover provisions, applicability, and nuances related to TDS on Business Promotion Expenses, addressing questions on various benefits, perks, and scenarios. Stay informed on the effective date and key considerations for compliance with the amended provisions.

Additional Guidelines under section 194R of Income Tax Act, 1961

September 15, 2022 2901 Views 0 comment Print

Explore the additional guidelines under Section 194R of the Income Tax Act, 1961 introduced by the Finance Act 2022. Learn about TDS, criteria, and exemptions. Delve into CBDT Circular 18 of 2022, covering aspects like loan settlement, expenses incurred by a pure agent, out-of-pocket expenses, group activities, and more. Stay informed on TDS exemptions for specific organizations and on bonus or right shares issued by companies with public interest. Stay compliant and make informed financial decisions.

TDS under Section 194R: Additional Guidelines

September 14, 2022 4908 Views 1 comment Print

Explore the latest guidelines on TDS under Section 194R with insights from CBDT Circular No. 18 of 2022. Understand exemptions for one-time loan settlements, reimbursement of out-of-pocket expenses, and the impact on dealer conferences. Stay informed on issues like claiming depreciation, applicability to Embassies/High Commissions, and the treatment of bonus/right shares issuance. Disclaimer: This article offers general guidance; consult a tax professional for personalized advice based on your specific circumstances.

Key Takeaway from CBDT circular No. 18 of 2022 – TDS under section 194R

September 14, 2022 7002 Views 3 comments Print

Discover key insights from CBDT Circular No. 18 of 2022 dated 13th September, 2022, providing additional guidelines for difficulties under section 194R of the Income Tax Act, 1961. Learn about the clarification on one-time loan settlements, reimbursement of expenses, and challenges in identifying benefits in group activities. Stay informed about the latest updates to ensure compliance and avoid penalties. Disclaimer: This article is for general information purposes; consult tax professionals for personalized advice.

CBDT issues Additional Guidelines For TDS under section 194R

September 13, 2022 55869 Views 1 comment Print

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

TDS on Benefits/Perquisites to a Resident | Section 194R

August 20, 2022 1662 Views 0 comment Print

Understand the implications of Section 194R on benefits and perquisites for residents. Stay updated on tax deductions and reporting requirements.

Section 194R An attempt to reduce perquisites provided in cash

August 13, 2022 2247 Views 1 comment Print

Understand the new section 194R and its impact on perquisites provided in cash to employees or partners. Learn about the TDS deduction and its implications.

Section 194R TDS on reimbursement of freight, out of pocket expenses etc

August 5, 2022 59217 Views 4 comments Print

In Finance Act, 2022 new section 194R inserted for deduction of tax at source on benefit or perquisite in respect of business or profession.