Nature of business-code for commission income u/s.194d

This query is : Resolved 

30 July 2013 what will be the nature of business-code for commission income, tds deductor had deducted tds u/s 194D ie insurance commission. kindly guide with the same.

30 July 2013 0301-General Commission Agents

30 July 2013 sir what code if deductor had deducted tds u/s 194 c ?

30 July 2013 Code is not based on section under which TDS has been deducted. It is based of nature of business and profession from which income is derived. See the list and choose the most suitable one.


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