Pan & tan for business run by proprietor

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 July 2018 My friend would like to start a new venture as a proprietor. He wants to make the payment to Contractor. For his business, his PAN will be treated as PAN for his business too. I would like to guide him on how he needs to apply for TAN? Please guide me.

How he needs to apply PAN? On which basis he needs to apply for TAN?

02 July 2018 pan of proprietor would be pan of proprietorship business. On the basis of pan you can apply for tan if required. As in case of proprietor ship business tds req to be deducted only if you were liable for tax audit in preceding fy. except tds on salary



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries