19 April 2009
In case of non companies,the owner of the firm give his PAN no. for TDS deduction. But the Payment is made or booked in name of the firm, which doesn't match with the name in PAN. Is it ok and acceptable to TDS department, as in new TDS deposit process PAN will be verifed?
19 April 2009
In the case of Proprietorship firm, no separate PAN allotment only proprietor's PAN is to be used. But in the case of Partnership firm, separate PAN is available and it should be mentiond in every where instead of partner's PAN.
CAclubindia
