2022年6月22日 · TDS u/s 194R is to be deducted on fair market value of the benefit or perquisite, however if deductor has purchased the benefit/perquisite before providing it to the recipient. In that case, the purchase price (Actual cost) shall be the value for such benefit/perquisite.

2025年3月11日 · Offset losses, cut taxes, and maximize savings! The Finance Act 2022 introduced Section 194R, which pertains to the deduction of tax on benefits or perquisites provided to a resident in respect of businesses or professions.

Our 194R Rotary Disconnect Switches offer a variety of fused and non-fused versions from 20...1250 A and can be ordered with or without an enclosure. Non-fused styles permit use of your own fuse blocks. Fused switches, with integral fuse carriers, reduce panel space requirements.

2022年6月1日 · Understanding Section 194R TDS - Analysis: Learn about the new tax deduction requirement proposed in the Finance Bill 2022 for business and professional benefits exceeding Rs. 20,000.

2023年4月20日 · Section 194R of the Income-tax Act mandates the deduction of TDS (Tax Deducted at Source) on any benefit or perquisite, whether in cash or kind, provided to a resident arising from their business or profession. The TDS liability is triggered if the aggregate value of such benefits or perquisites exceeds ₹20,000 in a financial year.

2022年6月16日 · Finance Act 2022 inserted a new section 194R in the Income-tax Act, 1961 (hereinafter referred to as “the Act”) with effect from 1St July 2022.

6 天之前 · Guidelines for implementation of Section 194R of the Income Tax Act 1961. New TDS under Section 194R applicability and guidelines - All you need to know. The Central Board of Direct Taxes (CBDT) guidelines for the removal of difficulties under Section 194R of the ITA.