Reporting of non-insurance commission now required in Forms 13 and 15AA under amended income-tax rules. The Income-tax Rules, 1962 are amended to require Forms No. 13 and No. 15AA to expressly cover 'commission (not being insurance commission) or brokerage' and to add schedules (Schedule IX and Schedule VIII respectively) that record the name and address of the person responsible for paying such commission or brokerage and the amount of that commission or brokerage.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reporting of non-insurance commission now required in Forms 13 and 15AA under amended income-tax rules.
The Income-tax Rules, 1962 are amended to require Forms No. 13 and No. 15AA to expressly cover "commission (not being insurance commission) or brokerage" and to add schedules (Schedule IX and Schedule VIII respectively) that record the name and address of the person responsible for paying such commission or brokerage and the amount of that commission or brokerage.
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