https://www.taxtmi.com/circulars?id=4656 Deduction of tax at source applies to income by way of insurance commission; prescribed withholding rates differ for residents (persons other than companies and domestic companies) and are higher under section 195 for non-residents and non-domestic companies. Deduction is made at credit or payment, whichever is earlier, remitted to the Central Government within specified periods, paid on designated challans with surcharge shown separately, and rounded to the nearest rupee. No adjustment for prior debits in an agent's account is allowed. Recipients may seek Form No.13D certificates; payers must issue Form No.19D and file Forms No.26D, 26E and 26F as required. en-us Wed, 23 May 1979 00:00:00 +0530 Fri, 01 Aug 2008 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4656 Deduction of tax at source applies to income by way of insurance commission; prescribed withholding rates differ for residents (persons other than companies and domestic companies) and are higher under section 195 for non-residents and non-domestic companies. Deduction is made at credit or payment, whichever is earlier, remitted to the Central Government within specified periods, paid on designated challans with surcharge shown separately, and rounded to the nearest rupee. No adjustment for prior debits in an agent's account is allowed. Recipients may seek Form No.13D certificates; payers must issue Form No.19D and file Forms No.26D, 26E and 26F as required. Circulars Income Tax Wed, 23 May 1979 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4656