Category: Section 194D & Section 194DA
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What is Section 194D & Section 194DA under Income Tax Act?
In this part of our TDS series, we’ll further simplify 2 more important tax deduction provisions which are as follows: TDS on Insurance Commission: Section 194D TDS on Payment of Life Insurance Policy: Section 194DA Section 194D: TDS on Insurance Commission This provision of tax deduction mostly hits people who work as insurance agents for…