Applicability of TAN

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mahesh (Querist)
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29 September 2008 Dear Sir,

I am working in properitory firm. they have just started business. they have to pay the commission to the persons & such amount is more than the amount applicable for TDS. Is it necessary to take TAN No.
Shall we apply for tan after cross the limit of 40 lakhs.

Pls.sir send me reply very soon it is very necessary

CMA Jitendra Singh

CMA Jitendra Singh (Expert)
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29 September 2008 If you see during the current year 08-09 ,the limit may cross 40 Lacs ,please get TAN .

If turnover is under limit,not TDS liability in this FY

mahesh

mahesh (Querist)
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01 October 2008 Means if our turnover will cross the limit of 40 Lakhs during the year. then when we apply for TAN in during the year or in the next year?
Pls sir send me your advise immidiately

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mahesh

mahesh (Querist)
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01 October 2008 In case of properietory firm. if our turnover will cross the limit of 40 Lakhs during the year. then when we apply for TAN in during the year or in the next year?
Pls sir send me your advise immidiately