Start learning 50% faster. Sign in now
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 .
What is the function of the "IF" function in Excel?
Two workers, 'X' and 'Y', can complete a task on their own in 18 days and 30 days, respectively. If they work on alternate days, ...
Quantity I: Ratio of present ages of A and B is 6:7 respectively while the ratio of present ages of C and D is 8:9. Ratio of the age of B after two ye...
Calculate the percentage increase in the total profit of all companies combined from 2020 to 2023.
f A and B are independent events with P(A) = 0.6, P(B) = 0.5, then P(A υ B)) = ?
In a parallelogram, the base is 18 cm, and the height corresponding to the base is 10 cm. A perpendicular distance from the opposite vertex to the same ...
A rectangular park is 120 m long and 80 m wide. A path of uniform width is constructed inside the park. If the area of the path is 3600 m², find the wi...
7 10 4 13 ? 16
...The compound interest accrued after 2 years on an investment of Rs. 'x' at an annual interest rate of 20%, compounded annually, a...