TMI BlogTDS on remuneration or rewards paid for soliciting or procuring insurance business.X X X X Extracts X X X X X X X X Extracts X X X X ..... Section(s) Referred: 194D Statute: Income - Tax Act, 1961 The Finance Act,1973 has introduced a new section., 194-D in the I.T.Act. This section provides for deduction of I.T. at source from inco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sion etc., u/s.194-D of the I.T.Act. IV-TAXES ON INCOME OTHER THAN CORPORATION TAX: Minor-head: Income-tax(already existing) Sub-head: Deductions from payments in respect of insurance commission e ..... X X X X Extracts X X X X X X X X Extracts X X X X
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