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Section 194R – TDS on benefit or perquisite of a business or profession New section 194R is being introduced to provide that the person responsible for providing to a resident, any benefit or perquisite of a value more than INR 20,000 , whether convertible into money or not, arising from carrying out of a business or exercising of a profession, by such resident, shall, deduct TDS @ 10% on such benefit or perquisite. The provisions of the said section shall not apply to an individual or a Hindu undivided family , whose total sales, gross receipts or turnover does not exceed one crore rupees in case of business or fifty lakh rupees in case of profession during the financial year immediately preceding the financial year in which such benefit or perquisite, as the case may be, is provided. This amendment will take effect from 1st July, 2022 .
Which of the following is the most critical success factor for the implementation of a Decision Support System (DSS) within an organization?
Which type of database key is a candidate key that has not been chosen as the primary key?
Which of the following is the primary goal of a Cross-Site Scripting (XSS) attack?
What is the time complexity of searching an element in a balanced binary search tree (BST) with nnn nodes?
Which of the following is the most effective method to ensure data confidentiality when transmitting sensitive information over a public network?
In network architecture, what is the primary advantage of a mesh topology over a star topology?
Which OSI model layer is responsible for reliable delivery of data between devices?
Which of the following best represents the main objective of the Requirements Analysis phase in the Software Development Lifecycle (SDLC)?
Which of the following is a key objective of the Requirement Analysis phase in the Software Development Lifecycle (SDLC)?
Which of the following statements best describes polymorphism in object-oriented programming?