Question
What is the rate of Tax Deduction at Source from
insurance commission? (Commission amount is ₹20,000 and assessee is an individual)Solution
Section 194D is applicable for all such payments made to a resident whether they are an individual, company or any other category of persons. The rate of TDS in case of Domestic companies is 10% whereas for persons other than company is 5%, however no TDS is required to be deducted if commission paid does not exceed Rs.15,000.
Under Section 5 of the Environment (Protection) Act, 1986, the Central Government may issue directions in writing to:
Time limit for filing written statement is 30 days which may be extended up to 90 days shall be counted from:
What is the maximum number of partners allowed in a partnership firm under the Partnership Act?
Which of the following types of estoppel are explicitly covered in specific provisions of BSA?
Which of the following is not a right granted to a Data Principal under the DPDP Act, 2023?
Which section of the Transfer of Property Act lays down provisions relating to right of subrogation
Under which Section of Evidence Act, a tenant of immovable property is estopped from denying a title of the landlord to that property?
Who has the power to impose restrictions on trade, commerce and intercourse between one state and another in public interest?
Section 285(2) restricts the sentence that may be imposed in summary trials to—
Which of the following correctly describes the relationship between Article 300 and Article 300A in the context of Part XII of the Constitution?
