Income Tax : Discover Section 194R introduced by the Finance Act 2022, detailing TDS requirements on benefits or perquisites provided to reside...
Income Tax : Understand the interpretation of 'arising from business or the exercise of a profession' for Section 194-R of the Income Tax Act. ...
Income Tax : Explore Section 206AB of Income Tax Act, imposing higher TDS rates for specified persons not filing ITR. Learn conditions, rates, ...
Goods and Services Tax : Explore the GST impact on transactions under Income Tax Section 194R. Analyzing benefits, taxation, and considerations for busines...
Income Tax : Explore the practical challenges and guidelines of Income-tax Act's Section 194R introduced in 2022. Learn how to navigate complex...
Income Tax : Additional Guidelines for removal of difficulties under section 194R(2) of Income-tax Act, 1961 - Circular No. 18/2022-Income Tax...
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...
Income Tax : CBDT issued Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961 vide Circula...
Understand the impact of Section 194R in the Income Tax Act. Learn about the taxation of benefits/perquisites in business or a profession.
Are you giving Freebies to Dealers/Distributors/ Employees/ Business partners, then from 1 July 2022 you need to deduct TDS under Section 194R
Understanding TDS on Benefit or Perquisite under section 194R of the Income Tax Act. Learn about the new tax requirements and deductions for business or profession income.
Understanding Section 194R TDS on Benefits or Perquisites under Income Tax Act 1961. Learn about its objectives, implementation, and impact on tax base.
Understanding the complexities of valuation under Section 194R. Learn about the challenges and implications of tax deduction at source (TDS) in non-cash transactions.
Learn about Section-194R and the deduction of tax on benefits or perquisites in respect of business or profession. Understand the provisions, applicability, and key issues related to this section.
Understanding the implementation of Section 194R TDS on benefit or perquisite. Learn about the legal provisions and tax rates effective from July 2022.
New TDS Provisions (Section 194R and section 194S of Income-tax Act, 1961) are applicable from 01.07.2022.and inserted vide Finance Act 2022.
Section 194R would mandate a person to deduct tax at source at 10% on providing any benefit or perquisite, whether convertible into money or not, to a resident arising during the course of business or profession.
Understanding Section 194R TDS: Learn about the tax implications of receiving benefits or perquisites in business or profession.
