whether an assessee is required to deduct tds U/S 194 R on bad debt ?
Replies (5)
Quick Summary
This discussion explores whether Tax Deducted at Source (TDS) under Section 194R is applicable to bad debts. While one user suggests it is, others clarify that Section 194R pertains to benefits or perquisites provided, not bad debts. The consensus leans towards TDS not being applicable in this scenario, though the initial query prompts for a definitive solution.