TDS on remuneration or rewards paid for soliciting or procuring insurance business.

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..... I.T. at source from income by way of remuneration or reward in the form of commission or otherwise for soliciting or procuring insurance business. The Board have decided in consultation with the C AG of India that the following minor and sub-heads of Accounts should be opened: III-CORPORATION TAX: Minor-head: Income-tax on companies(already existing) Sub-head: Deductions from payments in r .....

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