A Ltd is paying yoga and destressing or healing expenses for the benefits of their employees for amount of 39000. in which A Ltd is deducting 50% of the amount from employees salaries.
Pls suggest in which section tds should be deducted and on which amount??
Menu
Tds deduction on payment for employee benefits
Replies (1)
-
Do not use Section 194R: This section is for business-to-business or business-to-professional relationships, not for employer-employee relationships.
-
Use Section 192: Include the portion of the expenses paid by the company (the 50% not recovered from the employee) in the employee's taxable salary.
-
TDS Deduction: Deduct TDS on the total salary (including these perquisites) at the applicable slab rates under Section 192.
-
Documentation: Maintain clear records of the payments made to service providers and the subsequent recovery (50%) from the employees to justify the valuation of the perquisite if audited.
Recent Topics :
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
- ITR Filing Last Date 2026
- Tds - filing Conso File for tax year 2026-27
- ITR-3 Filing For AY 2026-27 - Tips
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
Related Topics :
CAclubindia
