TDS

This query is : Resolved 

02 August 2010 Whether TDS U/S 194C will applicable on Preium paid to Oriental Insurance for coverage of assets & other things, on the ground that the payment is being made on account of a contract between Oriental & the party ?

02 August 2010 Insurance premiums not attracted TDS,So TDS Not applicable

02 August 2010 no tds will be deducted on insurance premium.


03 August 2010 AGREED, PAYMENT TO INSURANCE PREMUIUM ARE NOT SUBJECT TO TAX DEDCUTION AT SOURCE.

03 August 2010 Agreed NO TDS will be applicable.



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