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Section 194R

Latest Articles


Curios Case of TDS under Section 194R

Goods and Services Tax : Section 194R mandates 10% TDS on benefits over ₹20,000 annually. Learn its impact on accounting, compliance, and the challenges ...

January 17, 2025 17469 Views 0 comment Print

TDS Applicability on Reimbursement of Expenses

Income Tax : Explore the implications of TDS on expense reimbursements post-Section 194R implementation and understand the invoicing criteria....

September 30, 2024 11442 Views 0 comment Print

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 1527 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 903 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 4965 Views 0 comment Print


Latest News


Tax Liability on Haircuts under IBC: Clarifications by MCA

Income Tax : Learn about the tax implications on haircuts taken by banks and creditors for companies resolved under the Insolvency and Bankrupt...

August 2, 2024 1356 Views 0 comment Print


Latest Judiciary


Addition u/s. 28(iv) towards import of assets free of cost not justified since no benefit derived

Income Tax : The assessee is a wholly owned subsidiary of Samsung Electronics Company Ltd. The assessee filed the return of income for AY 2015-...

December 16, 2024 339 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 57711 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 22191 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 139755 Views 0 comment Print


TDS on Benefits and Perquisites – Section 194R

June 25, 2022 2973 Views 0 comment Print

Understand how Section 194R impacts benefits and perquisites. Learn about the new TDS requirements from the Govt starting July 2022.

Section 194R TDS on Benefits or Perquisite w.e.f. 01.07.2022

June 25, 2022 2295 Views 2 comments Print

Learn about the new Section 194R under the Income Tax Act, 1961. Find out the TDS rate and conditions for deducting TDS on benefits or perquisites.

Analysis: Section 194R TDS on benefit or perquisite in respect of business or profession

June 24, 2022 56190 Views 1 comment Print

Understanding the applicability of Section 194R of the Income Tax Act and its impact on benefits or perquisites in business or profession.

Section 194R TDS on Benefits/Perquisites/Gifts arising out of Business or Profession

June 24, 2022 53889 Views 2 comments Print

Understand Section 194R TDS on benefits, perquisites, and gifts in business or profession. Learn about the applicable rate, deduction limit, and who is liable.

It is an era of new regime of CBDT circulars after tax rates new regime

June 24, 2022 1875 Views 0 comment Print

Understanding the implications of the new CBDT circulars and the impact on tax rates in the new regime. Dive into the details and get a clear picture.

Section 194R TDS From 1st July 2022: Impact, Issues & Challenge

June 23, 2022 28644 Views 0 comment Print

Get insights on Section 194R TDS implementation: understand the impact, issues, and challenges for trade and industry. Stay informed about the new TDS provisions.

Section 194R – TDS on benefits or perquisite provided

June 22, 2022 256488 Views 17 comments Print

Understanding Section 194R of the Income Tax Act – TDS on benefits or perquisite provided. Stay compliant with the new TDS regulations.

Simplified Practical FAQs on Section 194R – TDS on perquisites or benefits

June 21, 2022 34116 Views 3 comments Print

Understand the new section 194R of the Income-tax Act, 1961. Learn about TDS on perquisites or benefits for business or profession.

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

June 21, 2022 22191 Views 1 comment Print

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 Vide Notification No. 67/2022-Income Tax (Income-tax (19th Amendment) Rules, 2022) CBDT amended Income Tax Rule 30 and 31A, Inserted new Form No. 16E – Certificate under section 203 of the […]

Gifts & Incentives to Distributors/Dealers – Tax Implications

June 21, 2022 7980 Views 1 comment Print

Understand the tax implications of distributing gifts and incentives to distributors/dealers. Learn about GST and TDS regulations in promotional activities.

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