Please Help: TDS on Insurance
Posted Date : 02-Jul-2011 , 10:45:18 am | Posted By CA SaWan kUmar
Why TDS is not deducted on insurance of building taken from private insurance companies?
Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 646
Answers
Answer By: Vikash Kumar Jha
Insurance is not covering as per any provision relating to TDS.
Comments
Pankuj Rawal
08-Jul-2011 , 09:56:50 amInsurance is not covered under any of the provisions pertaing to tax withholding (in case of payment being made to resident companies)