About tan no
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2017
when is individual liable to take TAN no??
what is the limit of gross receipt/ turnover in FY
IN WHICH YEAR WE HAVE TO FILE TDS RETURN?
what is the limit of gross receipt/ turnover in FY
IN WHICH YEAR WE HAVE TO FILE TDS RETURN?
17 March 2017
If you are paying amount under various heads if Threshold limit exceeds, than TDS applicable.
It is compulsory for tax audit assassee if payment made above Threshold limit to deduct applicable TDS.
TDS is applicable in the year in which payment exceeds threshold limit prescribed under various section. TDS is applicable on Payment or bill whichever is earlier. So TDS to be paid within 7th of subsequent month and quarterly return to be submitted, other wise 234E Late fee Rs.200 or Maximum Tds amount whichever is less applicable.
It is compulsory for tax audit assassee if payment made above Threshold limit to deduct applicable TDS.
TDS is applicable in the year in which payment exceeds threshold limit prescribed under various section. TDS is applicable on Payment or bill whichever is earlier. So TDS to be paid within 7th of subsequent month and quarterly return to be submitted, other wise 234E Late fee Rs.200 or Maximum Tds amount whichever is less applicable.
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 March 2017
THANK YOU SIR,
BUT I WANT TO KNOW, WHEN I SHOULD AS AN INDIVIDUAL SHOULD APPLY FOR TAN NO.??
TAX AUDIT LIMIT FOR TAKING TAN NO????
BUT I WANT TO KNOW, WHEN I SHOULD AS AN INDIVIDUAL SHOULD APPLY FOR TAN NO.??
TAX AUDIT LIMIT FOR TAKING TAN NO????
19 March 2017
You have to deduct tds by applying tan when you are under tax audit. tax audit limit is prescribed by ITD. Now tax audit is not subject to prescribed limit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Import license renewal
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
