Benefit or perquisite arising from the business or profession of a resident
- Rate
- 10% of the value or aggregate of values
- Threshold
- ₹20,000
- Who deducts
- Specified person
- 1961 Act
- Section 194R
Section finders.393(1) [Table: Sl. No. 8(iv)]Act page 473
Section 194R in the Income-tax Act, 2025
The answer
Section 194R of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 8(iv)] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
As enacted
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 473. This page sets out the Table entry as read from the Act; read the section and the Notes to its Table before relying on it for a return or an opinion.
Questions this answers
What is section 194R called in the Income-tax Act, 2025?
Section 194R of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 8(iv)] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
What is the TDS rate and threshold under s.393(1) [Table: Sl. No. 8(iv)]?
Rate: 10% of the value or aggregate of values. Threshold: ₹20,000. It covers: Benefit or perquisite arising from the business or profession of a resident.