Tds on bus insurance

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3 Points Posted on 19 May 2020
whether tds is to be deducted on bus insurance premium and renewal of bus insurance premium
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On 19 May 2020 at 16:47 Report
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) needs to be applied to bus insurance premiums and renewals. The consensus is that TDS is not required for these payments, as they do not fall under any specific TDS sections.

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Practice
3235 Points Posted on 19 May 2020
No need to deduct tds. because it does not come under any section of tds
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On 19 May 2020 at 19:02
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Student CA IPC / IPCC
352 Points Posted on 19 May 2020
Dont need to deduct tds
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On 19 May 2020 at 22:42

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