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Tds implication on group insurance policy taken by company

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(Querist)
24 January 2017


Hi



My company paid group insurance premium for the health insurance and life insurance premium. This is for policy taken on group level on the name on company. Can somebody please guide me on applicability of TDS for this transaction.

Regards,

Himanshu Nagpal
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 January 2017 TDS not applicable on payment of insurance premiums.

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