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Tds on insurance claim in bike showroom

Income Tax - Started By: - SANJAY NAYAK - Dated:- 21-12-2015 Last Replied Date:- 1-1-2016 - Dear SirI want to know how to treat tds on insurance claim on bike reparing. Kindly suggestThaking YouRegardsS K Nayak - Reply By Ganeshan Kalyani - The Reply .....

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he insurance company deduct 1% tds on insurance claim payable then rest deposit in Bike shoowroom account . Bike showroom returns the same to the insured person or repair with same. But my question why insurance company deduct 1% tds on the above and .....

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