https://www.taxtmi.com/circulars?id=9740 The Board directs that an ad hoc deduction at the rate of 50 per cent of gross commission receipts for expenses be extended to authorised agents of Unit Trust of India and agents selling National Savings Certificates (II, VI and VII Issues), Social Security Certificates and Post Office Time Deposits. The deduction is available only where gross commission earned is less than Rs. 60,000 and no detailed accounts are maintained. en-us Tue, 24 Feb 1987 00:00:00 +0530 Wed, 08 Jun 2011 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9740 The Board directs that an ad hoc deduction at the rate of 50 per cent of gross commission receipts for expenses be extended to authorised agents of Unit Trust of India and agents selling National Savings Certificates (II, VI and VII Issues), Social Security Certificates and Post Office Time Deposits. The deduction is available only where gross commission earned is less than Rs. 60,000 and no detailed accounts are maintained. Circulars Income Tax Tue, 24 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9740