Section 194D of the Income Tax Act requires tax to be deducted at source on any commission or reward paid for procuring insurance business.
source https://www.caclubindia.com/articles/section-194da-tds-on-payment-of-life-insurance-policy-49566.asp
source https://www.caclubindia.com/articles/section-194da-tds-on-payment-of-life-insurance-policy-49566.asp
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