Liability on TDS -Locationwise or companywise
This query is : Resolved
01 February 2008
Liability on Deducion and payment on TDS is based on Company or Location?
One company having two manufacturing unit in different unit unit 1 (Main unt) & Unit 2 sub unit.
It is necessary to get two TAN in different location and payment also the same
K Hariharan
One company having two manufacturing unit in different unit unit 1 (Main unt) & Unit 2 sub unit.
It is necessary to get two TAN in different location and payment also the same
K Hariharan
02 February 2008
TDS liability is based on company and will therefore have one TAN. But if the company has branches in different locations where persons responsible for payment are different, then the company may apply for TAN based on the branch location. Please note that it is choice and not compulsory. The company can centralise its payment and opt for one TAN.
02 February 2008
No TDS is not based on Location wise but if the such payment come under the perview of the sec 192/4/5 it has to be deducted, Alos the type of assessee has to be determined as rate fiffers due to surcharge.
For TAN if it is centralised Payment only one TAN is enough which is normally seen.
For TAN if it is centralised Payment only one TAN is enough which is normally seen.
19 March 2008
one TAN
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
