https://www.taxtmi.com/circulars?id=4628 Deduction of tax at source is required on income by way of insurance commission (remuneration for soliciting or procuring insurance business). Payers must deduct tax when commission is credited or paid, make remittance to the Government treasury or designated banks within prescribed timeframes, apply rounding rules, and may not adjust deductions for prior debits in the agent's account. Recipients can seek lower or nil deduction via Form No.13D; payers must issue Form No.19D and file Forms No.26D, 26E and 26F as prescribed. Higher withholding rules under section 195 apply to non residents and non domestic companies. en-us Thu, 14 Jul 1977 00:00:00 +0530 Thu, 31 Jul 2008 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4628 Deduction of tax at source is required on income by way of insurance commission (remuneration for soliciting or procuring insurance business). Payers must deduct tax when commission is credited or paid, make remittance to the Government treasury or designated banks within prescribed timeframes, apply rounding rules, and may not adjust deductions for prior debits in the agent's account. Recipients can seek lower or nil deduction via Form No.13D; payers must issue Form No.19D and file Forms No.26D, 26E and 26F as prescribed. Higher withholding rules under section 195 apply to non residents and non domestic companies. Circulars Income Tax Thu, 14 Jul 1977 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4628