Section 194R - TDS on benefit or perquisite in respect of business or profession

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....ible for providing to a resident, any benefit or perquisite, whether convertible into money or not, arising from business or the exercise of a profession, by such resident, shall, before providing such benefit or perquisite, as the case may be, to such resident, ensure that tax has been deducted in respect of such benefit or perquisite. * In a case where the benefit or perquisite, is wholly in k....

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....ond Proviso to section 194(R)(1) ] * A person being an individual or a Hindu undivided family, whose total sales, gross receipts or turnover does not exceed ₹ 1 crore in case of business or ₹ 50 lakhs 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 by such person. [ Third Pr....

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....94R of the Act, when the benefit or perquisite is in the form of capital asset? * Whether sales discount, cash discount and rebates are benefit or perquisite? * Valuation of benefit/perquisite required to be carried out? * Reimbursement of out of pocket expense incurred by service provider in the course of rendering service is benefit/perquisite? * Dealer conference to educate the dealers ....