Sec. 194R – Imposition of 10% TDS on free medical samples Copy

The Income Tax department’s new rule mandating a 10 per cent tax deducted at source (TDS) on free medical samples has incurred the wrath of medical professionals, who said it would lead to stoppage of free samples to doctors who used to provide them to indigent patients. From July 1, 2022 doctors among others are […]

Sec. 194R – Imposition of 10% TDS on free medical samples

The Income Tax department’s new rule mandating a 10 per cent tax deducted at source (TDS) on free medical samples has incurred the wrath of medical professionals, who said it would lead to stoppage of free samples to doctors who used to provide them to indigent patients. From July 1, 2022 doctors among others are […]

Form 10-IC Date extended

Circular 6/2022: CBDT condoned delay in filing Form 10-IC for AY 20-21 subject to conditions attached.