https://www.taxtmi.com/circulars?id=4957 Deduction of tax at source applies to income by way of insurance commission paid to residents and non-residents, with prescribed withholding rates for different classes of payees and an additional surcharge for resident individuals and domestic companies. The resident de minimis exemption for small annual commission receipts does not apply to non-residents, and amounts credited in the payer's books are treated as credit to the payee for deduction. Payors may apply to the assessing officer to determine taxable income, and non-residents may seek certificates authorising payment without deduction. en-us Mon, 24 Jul 1989 00:00:00 +0530 Thu, 07 Aug 2008 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4957 Deduction of tax at source applies to income by way of insurance commission paid to residents and non-residents, with prescribed withholding rates for different classes of payees and an additional surcharge for resident individuals and domestic companies. The resident de minimis exemption for small annual commission receipts does not apply to non-residents, and amounts credited in the payer's books are treated as credit to the payee for deduction. Payors may apply to the assessing officer to determine taxable income, and non-residents may seek certificates authorising payment without deduction. Circulars Income Tax Mon, 24 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4957