Enabling of Filing of Form 15G/15H for commission payments specified under section 194D :
CLAUSE(S) OF FINANCE BILL, 2017 |
PARTICUL ARS OF AMENDME NTS | SECTION | AMENDMENT / NEWLY INSERTED |
APPLICABLE W.E.F. |
BRIEF OF AMENDMENT |
69 | Enabling of Filing of Form 15G/15H for commission payments specified under section 194D | section 197A(1)(1A) &197A(1)(1C) | Amendment | 1st June, 2017 | Individuals and HUFs in respect of insurance commission received/receivable u/s 194D can now file self-declaration in Form.No.15G/15H for non deduction of TDS if his total estimated income would be nil. |