TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CBDT Circular: Insurance Companies to Continue TDS on Commissions u/s 194D at 1979 Rates for FY 1980-81.</h1> The circular issued by the Director of the Central Board of Direct Taxes addresses insurance companies regarding the deduction of income tax at source under Section 194D of the Income-tax Act, 1961, specifically from insurance commissions for the financial year 1980-81. It references a previous circular from May 1979 and confirms that the Finance Act, 1980, maintains the same tax deduction rates as the previous year. Consequently, insurance companies are instructed to continue deducting tax at source from insurance commissions at the rates specified in Part II of the First Schedule to the Finance Act, 1979.
TaxTMI 
TaxTMI 
