i m agent of reliance life insurance i have sold one
traditional product of premium size 10,000/- rs and
comission rate is 18% what will be net comission will be
recd by me after deducting service tax and tds ?
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Answer Posted / s kiran
If Premium Rs-10000
Commission @18% = 1800
TDS on Insurance Commission U/s 194 D is 10%
So, TDS amount will 180.
Net Commission in Hand = 1800 - 180 = 1620
| Is This Answer Correct ? | 13 Yes | 8 No |
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