https://www.taxtmi.com/circulars?id=4762 Deduction of income-tax at source applies to payments of insurance commission, defined as remuneration for procuring insurance business. Deduction occurs on credit or payment, must be remitted to Government accounts within prescribed periods using designated challans with surcharge shown separately, and rounded to the nearest rupee. No adjustment for prior debits to an agent's account is allowed; recipients (other than companies) may obtain a certificate in Form No.13D for reduced or nil deduction. Payers must issue Form No.19D and file Forms No.26D, 26E, and 26F as prescribed. en-us Fri, 10 Jun 1983 00:00:00 +0530 Sat, 02 Aug 2008 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4762 Deduction of income-tax at source applies to payments of insurance commission, defined as remuneration for procuring insurance business. Deduction occurs on credit or payment, must be remitted to Government accounts within prescribed periods using designated challans with surcharge shown separately, and rounded to the nearest rupee. No adjustment for prior debits to an agent's account is allowed; recipients (other than companies) may obtain a certificate in Form No.13D for reduced or nil deduction. Payers must issue Form No.19D and file Forms No.26D, 26E, and 26F as prescribed. Circulars Income Tax Fri, 10 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4762