Section 194D - TDS on Insurance Commission

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..... nce business or for continuance, renewal or revival of policies of insurance shall at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier. Rate of TDS Payee whose name will suffer TDS Rate of TDS When recipient is Resident person other than Company 5% When Recipient is a .....

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..... nd deductee. No deduction of tax shall be made under the provisions of section 194D, payment made by any payer to a person being a Unit of International Financial Services Centre in respect of following services IFSC Insurance Intermediary office Insurance Commission [ Circular No. 28/2024 dated 07.03.2024 ] - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax .....

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