https://www.taxtmi.com/circulars?id=4569 Deduction of tax at source is required on income by way of insurance commission paid to resident and, under general withholding provisions, to non-resident recipients and non-domestic companies, at prescribed rates. Tax must be deducted at the time of credit or payment, remains deductible for amounts credited after specified dates even if accrued earlier, and must be remitted to Government accounts within prescribed timelines with rounding to the nearest rupee. Payers must issue certificates to recipients and file quarterly and annual statements; recipients may apply for lower or nil deduction certificates. en-us Mon, 09 Jun 1975 00:00:00 +0530 Wed, 30 Jul 2008 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4569 Deduction of tax at source is required on income by way of insurance commission paid to resident and, under general withholding provisions, to non-resident recipients and non-domestic companies, at prescribed rates. Tax must be deducted at the time of credit or payment, remains deductible for amounts credited after specified dates even if accrued earlier, and must be remitted to Government accounts within prescribed timelines with rounding to the nearest rupee. Payers must issue certificates to recipients and file quarterly and annual statements; recipients may apply for lower or nil deduction certificates. Circulars Income Tax Mon, 09 Jun 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4569