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Woe oe untuk seul Who is the recipient Aresident person payment covered Insurance commission At what time tax has to be deducted at At the time of payment or at the of credit, source whichever is earlier Maximum amount which can be paid If the amount of payment is Rs. 20,000 or without tax deduction less than Rs. 20,000 Rate of tax deduction at source 10% (no surcharge and education cess,etc) When the provisions are not applicable - Is it possible to get the payment without The recipient can make an applicable in tax deduction or with lower tax deduction form No.13 to the assessing officer to get

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