Deduction of income-tax at source-Section 194D of the Income-tax Act, 1961-Deduction from insurance commission, etc.-Rate of tax applicable during the financial year 1987-88-Levy of surcharge on income-tax-Regarding

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..... applicable during the financial year 1987-88-Levy of surcharge on income-tax-Regarding Circular No. 508 Dated 23/2/1988 To All Insurance Companies Sir, Subject: Deduction of income-tax at source-Section 194D of the Income-tax Act, 1961-Deduction from insurance commission, etc.-Rate of tax applicable during the financial year 1987-88-Levy of surcharge on income-tax-Regarding. I am directed .....

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..... 7. 3. The contents of this circular may be brought to the notice of all concerned. 4. If any assistance is required in this regard, the concerned Income-tax Officer or the Local Public Relations Officer of the Income-tax Department may be approached for the purpose. Yours faithfully, (Sd.) B.E. Alexander, Under Secretary, Central Board of Direct Taxes.
Circular, Trade Notice, Public No .....

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