DIVESH JAIN & CO. - Blog , TAX DEDUCTED/ COLLECTED AT SOURCEDIVESH JAIN & CO. - Blog , TAX DEDUCTED/ COLLECTED AT SOURCEhttps://www.easefilling.co.in/blogs/tax-deducted-colleced-at-sourceThu, 02 Apr 2026 03:19:12 +0530http://zoho.com/sites/<![CDATA[SECTION 194R – Income Tax Act, 1961]]>https://www.easefilling.co.in/blogs/post/section-194r-–-income-tax-act-1961Section-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.]]>

SECTION 194R – Income Tax Act, 1961

  • The section 194R of TDS is applicable since 1 July, 2022.
  • It is applicable on all businessmen and professionals for benefits/gifts to any person in cash, kind or both.
  • Threshold limit = 20000
  • TDS rate = 10%
  • It's also not applicable in case of an individual having profession (turnover up to 50lakhs) or business (turnover up to 1cr).
  • Example - Free sample and freebies.

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