Deduction of tax at source on insurance commission: specified rates and procedural withholding requirements for payers. Deduction of income-tax at source applies to payments of insurance commission, defined as remuneration for procuring insurance business. Deduction occurs on credit or payment, must be remitted to Government accounts within prescribed periods using designated challans with surcharge shown separately, and rounded to the nearest rupee. No adjustment for prior debits to an agent's account is allowed; recipients (other than companies) may obtain a certificate in Form No.13D for reduced or nil deduction. Payers must issue Form No.19D and file Forms No.26D, 26E, and 26F as prescribed.