Tan no

This query is : Resolved

Nilay (Querist)
Follow

10 July 2012 IF ANY PERSON NOT IN LIMIT FOR TAX AUDIT BUT HE PAY RENT ON P&M 480000/-P.A.
SO HE APPLY FOR TAN NO.? AND LIABLE TO TAX DEDUCT ON RENT (194I)
PLEASE GUIDE ME .........................

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

11 July 2012 An INDIVIDUAL or HUF is liable to deduct TDS if he/it was required to get its accounts audited in the PREVIOUS YEAR.

If the INDIVIDUAL/HUF was not required to get its accounts audited in the PREVIOUS YEAR, then they are NOT liable to deduct TDS.

Message likes : 1 times