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Please Help: TDS on Insurance

Posted Date : 02-Jul-2011 , 10:45:18 am | Posted By: CA SaWan KUmar

Category : Income Tax | Answers : 1| Comments : 1| Hits: 730

Why TDS is not deducted on insurance of building taken from private insurance companies?

Answers:
   Answer by: Vikash Kumar Jha
Insurance is not covering as per any provision relating to TDS.
Comments
Posted By : Pankuj Rawal 08-Jul-2011, 09:56:50
Insurance is not covered under any of the provisions pertaing to tax withholding (in case of payment being made to resident companies)
 

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