Tan in individual name

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 July 2015 Dear Experts,

TAN is taken in the name of Individual, not in the name of Proprietorship concern.
Then please let me know,can a proprietorship concern deduct TDS on base of that TAN no, if TDS liability is arised on that firm?

Thanks

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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20 July 2015 In case of Proprietorship, Firm and Individual are same. PAN is also allotted in the name of Individual and not in the name of Prop. Firm. So there is no issue as TAN will be in the name of Individual only.

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