4 天之前 · Understand who needs to pay, when to pay, and how to avoid penalties. 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.

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.

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.

2023年1月9日 · Explore the comprehensive guide to the new TDS Section 194R of the Income Tax Act effective from July 1, 2022. Understand its applicability, time of deduction, TDS rate, and non-applicability conditions.

2022年6月29日 · The Finance Act, 2022 introduced a new Section 194R under the Income-tax Act to provide for deduction of tax at source in respect of benefit or perquisite provided to a resident person. Let’s understand the law on Section 194R. 1. Who is …

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.