19 July 2019
For Eg:- For FY 18-19 Mr X is Sole proprietor for Firm A (Having Trading Business) & Firm B ( Service Business), turnover for Firm A :- 83,00,000 (Old Firm Already Having TAN No.) Firm B :- 79,00,000 (New Firm) Is already allotted TAN No. Can be used for TDS Deduction under both firms from current year FY 19-20?Is TDS deduction liability applicable under both firms.
19 July 2019
Yes, already allotted TAN No. Can be used for TDS Deduction under both firms from current year FY 19-20. TDS deduction liability applicable under both firms being prop concern.
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