Section 194R

Last updated: 25 February 2022
Quick Summary
This document explains Section 194R of the Income Tax Act, which mandates TDS on benefits or perquisites provided in the course of business or profession. It details the TDS rate of 10% and clarifies responsibilities for payments in kind. The guide also outlines non-applicability criteria, such as benefits below Rs. 20,000, non-resident recipients, and specific turnover thresholds. This information is crucial for businesses to ensure compliance with tax regulations.

File details
PDF 216 KB 0 downloads Income Tax
File description
TDS on Gifts, Benefits & Perquisites #pdf
Download PDF 216 KB Like
Submitted by · Posted 25 February 2022 · Other files by Pooja Prasad · Report
Comments

Recent Files in Income Tax

View more →
PDF

Armed Forces Allowances Exemption Guide 2026

14 August 2026 Download
PDF

CBDT Releases Crypto-Asset Reporting FAQs under IT Act 2025

14 August 2026 Download
PDF

Guidance Note on Tax Audit u/s 44AB of the IT Act, 1961 - Revised 2026 Edition

08 August 2026 Download
PDF

Taxation And Other Laws (Amendment) Bill, 2026

08 August 2026 Download
PDF

FAQs: Taxation and Other Laws (Amendment) Bill, 2026

04 August 2026 Download
PDF

Foreign Assets Information User Guide - Version 1.0 (July 2026)

18 July 2026 Download

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member ARUP BHATTACHARYAARUP BHATTACHARYAPro Member AbhijitAbhijitPro Member Richa BajoriaRicha BajoriaPro Member Nilesh ManekNilesh ManekPro Member NISHANT SIPANINISHANT SIPANI
Subscribe to Pro
Join an elite circle of professionals


Popular Files


  1. RBI Second Amendment Directions, 2026
  2. MTP Series I & II for CA Final Nov 2026 Exams
  3. CBDT Releases Crypto-Asset Reporting FAQs under IT Act 2025
  4. Guidance Note on Tax Audit u/s 44AB of the IT Act, 1961 - Revised 2026 Edition
  5. Taxation And Other Laws (Amendment) Bill, 2026
  6. Armed Forces Allowances Exemption Guide 2026