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 are the correct associations of the Indus River System's tributaries?
(I) Kabul, Hunza, and Tochi are the right-bank tribu...
'Vindaloo' is a traditional dish from which Indian state?
When was the Gujarat Vernacular Society, known for promoting Gujarati literature, established?
राजस्थान के किस क्षेत्र ने कृषक आन्दोलन प्रारम्भ करने क...
Fundamental Rights are enumerated in the Constitution of India under which of the following Parts?
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परमाणु उर्जा का पिता कौन है ?
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