No TDS on benefits or perquisites under 194R if the yearly value does not exceed what?
ARs 50,000
BRs 20,000
CRs 10,000
DRs 5,000
Answer & Solution
Correct answer: B. Rs 20,000
Section 194R applies only when aggregate value of the benefit or perquisite exceeds Rs 20,000 in the year.
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