TDS on Benefits or Perquisites under Section 194R
Author: Srinivasan Anand G.
Year: 2025
About the Book:
This authoritative guide delivers a comprehensive examination of TDS obligations under Section 194R of the Income-tax Act, as updated by the Finance Act 2025. Authored by CA Srinivasan Anand G., the book explores the complex tax treatment of benefits and perquisites provided in the course of business or profession, aligning its coverage with Section 28(iv).
With step-by-step illustrations, real-life case studies, CBDT circulars, and practical FAQs, the book addresses a wide spectrum of benefit/perquisite scenarios—ranging from gift hampers and foreign trips to free samples and loan waivers. It provides clear-cut compliance strategies, valuation guidelines, and reporting checklists for professionals and organizations alike.
Key Features:
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Detailed analysis of Section 194R in sync with Section 28(iv) of the Income-tax Act
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Incorporates CBDT guidelines, FAQs, judicial precedents, and latest amendments
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Practical scenarios involving doctors, influencers, agents, dealers, and brand ambassadors
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Chapter-wise classification: Foundational Principles, Advanced Issues, Case Studies & Practical Guidance
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Special focus on exemptions, valuation rules, and threshold applicability
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Alphabetical referencer for quick lookup of business-specific perquisite issues
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Updated with the latest insights from the Finance Act 2025
Ideal For:
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Tax Consultants & Chartered Accountants
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In-House Tax and Compliance Teams
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Legal Professionals
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CFOs & Finance Controllers
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Corporates and MSMEs
Caveat Legalis:
Description based on available details—interpret with due diligence!
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