Daily Archives: June 17, 2022

Section 194R – TDS on Benefit or Perquisite

Finance Act 2022 inserted a new section 194R in the Income Tax Act, 1961 (hereinafter referred to as “the Act”) with effect from 1st July 2022. Summary of Section 194R is as under: Personal Responsible to deduct tax – Any … Continue reading

Posted in Direct Tax |