HELLO FRIENDS, PLS. TELL ME WHETHER I CAN SUBMIT FORM 15G FOR NOT TO DEDUCT TDS ON INSURANCE COMISSION U/S 194 C
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 14 June 2010
Dear Raj Kumar,
Insurance Commission is not covered u/s 194C....... it is covered u/s 194D........ and you are not allowed to use Form 15G in place of TDS Deduction........
CAclubindia
