https://www.taxtmi.com/forum/issue?id=120186 TDS is not applicable to insurance premiums paid by a company for stock or vehicle insurance because such payments are commercial indemnity contracts, not fees for professional services or contractual work, and therefore do not create a statutory withholding obligation; the insurer must report premium receipts as its taxable income. en-us Fri, 27 Jun 2025 15:24:14 +0530 Sat, 15 Nov 2025 15:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120186 TDS is not applicable to insurance premiums paid by a company for stock or vehicle insurance because such payments are commercial indemnity contracts, not fees for professional services or contractual work, and therefore do not create a statutory withholding obligation; the insurer must report premium receipts as its taxable income. Discussion-Forum Income Tax Fri, 27 Jun 2025 15:24:14 +0530 https://www.taxtmi.com/forum/issue?id=120186