TDS on Insurance Premium

HI Friends...Can you tell me if TDS is required on marine insurance and fire insurance premium ?? If yes why ?? ANd if no why ??

Replies (4)

Yes, Under Section 194D.

TDS IS NOT APPLICABLE ON PREMIUM AMOUNT.

Sorry.........

TDS Not Required on Premium.

I Did Nt Read That Premium.

Its on Commission

MR AYUSH NOW YOU ARE RIGHT

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