https://www.taxtmi.com/circulars?id=4537 Deduction of tax at source is required on payments of income by way of insurance commission under the Finance Act, 1974, at rates for 1974-75 specified for residents under section 194D and for non residents under section 195; "insurance commission" covers remuneration for soliciting, procuring, renewing, reviving or continuing insurance business, tax is deductible on amounts credited or paid after 31 May 1973 at the earlier of credit or payment, and withholding agents must remit tax timely, follow rounding rules, issue Forms No.19D and file Forms No.26D, 26E and 26 I as prescribed. en-us Tue, 21 May 1974 00:00:00 +0530 Wed, 30 Jul 2008 13:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4537 Deduction of tax at source is required on payments of income by way of insurance commission under the Finance Act, 1974, at rates for 1974-75 specified for residents under section 194D and for non residents under section 195; "insurance commission" covers remuneration for soliciting, procuring, renewing, reviving or continuing insurance business, tax is deductible on amounts credited or paid after 31 May 1973 at the earlier of credit or payment, and withholding agents must remit tax timely, follow rounding rules, issue Forms No.19D and file Forms No.26D, 26E and 26 I as prescribed. Circulars Income Tax Tue, 21 May 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4537