Tds deduction on insurance premium paid by company

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2011 Kindly suggest whether TDS should be deducted on Insurance premium ( Bill includes service tax seperately) paid by any business organisation.?

30 November 2011 TDS is not required to be deducted on insurance premium paid.

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2011 that invoice contains service tax ( not employee insurance, only Fire and special peril insurance) also and it is paid by company.


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