Blog categorized as TAX DEDUCTED/ COLLECTED AT SOURCE

SECTION 194R – Income Tax Act, 1961

20.07.25 01:32 PM - By diveshjain15 - Comment(s)
SECTION 194R – Income Tax Act, 1961
Section-194R Applicable on all businessmen/ professionals for benefits/gifts to any person in cash, kind or both. Threshold limit = 20000 TDS rate = 10% Example - Free sample and freebies.