Tribunal held that responsibility of paying commission was not on assessee. Commission was deducted by respective insurance companies who were paying re-insurance premium to assessee at time of making payment. Accordingly the assessee is not liable to deduct tax at source. (AY. 2003-04 to 2010-11)
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 /195 TTJ 65 (UO) (Chennai)(Trib.)
S. 40(a)(ia) : Amounts not deductible-Deduction at source– Interest–Commission–Brokerage-Insurance commission–Reinsurance premium from various insurance companies–Not liable to deduct tax at source.[S. 194D]