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The Income Tax Act will include a new section from 1st July 2022, i.e. Section 194R for TDS on benefits and perquisites.
The new section focuses on the declaration and deduction of TDS on benefits and perquisites in the form of cash or kind, given by entrepreneurs or professionals to residents, arising from carrying out of a business or exercising of a profession by such resident.
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The Income Tax Act will include a new section from 1st July 2022, i.e. Section 194R for TDS on benefits and perquisites.
The new section focuses on the declaration and deduction of TDS on benefits and perquisites in the form of cash or kind, given by entrepreneurs or professionals to residents, arising from carrying out of a business or exercising of a profession by such resident.
Visit us at https://www.fintoo.in
Contact us on - +91 9699 800 600
Join us on WhatsApp: https://bit.ly/Connect_on_Whatsapp
Follow us on
Facebook: https://www.facebook.com/fintooapp/
Insta: https://www.instagram.com/fintoo.app/
LinkedIn:http://bit.ly/Fintoo_linkedIn
Twitter: https://twitter.com/FintooApp
Blog: https://www.fintoo.in/blog/
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