Deduction of income-tax at source--Section 194D of the Income-tax Act, 1961--Deduction from insurance commission, etc.--Financial year 1980-81

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....duction of income-tax at source--Section 194D of the Income-tax Act, 1961--Deduction from insurance commission, etc.--Financial year 1980-81 Circular No. 271 Dated 26/5/1980 From S.R. Wadhwa, D....

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....f deduction of income-tax from insurance commission, etc., during the financial year 1979-80. 2. The Finance Act, 1980, prescribes the same rates for deduction of tax from "insurance commission, etc.....