Thursday, 17 March 2022

Section 194R - Provide your input.

 

The TDS under section 194R is applicable from July 1, 2022, and companies require to deduct TDS @ 10% in case they provide any benefit to persons other than their own employees.   In this regard, please refer to the below table with different scenarios and provide your input on the comment section. we will share the final outcome of the same with everyone. 





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SC holds extended period cannot be invoked if allegations are not justified in the show cause notice issued under section 74

  This Tax Alert summarizes a recent judgement of the Supreme Court (SC) [1] on whether a show cause notice (SCN) under Section 74 of the ...