https://www.taxtmi.com/circulars?id=5072 Tax must be deducted at source on remuneration for soliciting or procuring insurance business under section 194D, subject to the prescribed threshold exception; resident and non-resident treatment differs with section 195 covering non-residents. A lower or nil deduction certificate may be obtained under section 197. Deductors must deposit tax within statutory timelines, issue Form 16A to payees, quote TAN, and file the annual Form 26D return, with statutory penalties, interest and criminal sanctions for non-compliance. en-us Thu, 26 Aug 1993 00:00:00 +0530 Sat, 22 Jun 2024 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5072 Tax must be deducted at source on remuneration for soliciting or procuring insurance business under section 194D, subject to the prescribed threshold exception; resident and non-resident treatment differs with section 195 covering non-residents. A lower or nil deduction certificate may be obtained under section 197. Deductors must deposit tax within statutory timelines, issue Form 16A to payees, quote TAN, and file the annual Form 26D return, with statutory penalties, interest and criminal sanctions for non-compliance. Circulars Income Tax Thu, 26 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5072