TDS deduction for proprietorship company

This query is : Resolved 

13 November 2009 one person who is owner of a small company ie. sole proprietory has a PAN in his name and submits bill in the name of his proprietorship company and requests to deduct TDS in his personal name and gives his personal PAN number How do we make payments 1) give cheque in his name or company name and deduct TDS in his name or company name. He informs that sole proprietorship Company does not have PAN number. He personally has. Kindly give solution for this problem

13 November 2009 the sole proprietory concern does't have a different pan. the pan of the individual will be the pan of the sole proprietory concern. u should deduct the tds by mentioning the pan of the individual. u can issue cheque in the name of the concern. however while issuing the tds certificate u mention xyz concern, prop: y on the tds certificate

14 November 2009 Completly agree with expert.


14 November 2009 Agreed with experts

14 November 2009 Perfect explanation by Mr. M. Chowdary

14 November 2009 Agree with the experts

14 November 2009 I agree with By Mr. Chowdary

14 November 2009 Useful information. thanks a lot Shri. Chowdry.




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