Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2013 My firm is proprietorship firm but do not have any PAN no at present . All tds deducted are deposited on my PAN no, is it necessary that firm should also have PAN No or tds deducted can be deposited in Proprietor's PAN.

subhash

subhash (Expert)
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25 February 2013 Your Firm is Proprietorship firm than there is no requirement to take PAN number for the same.

TDS deducted will be shown in your PAN number only.

@VaibhavJ

@VaibhavJ (Expert)
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25 February 2013 Hi

Its not mandatory to have separate PAN for proprietor of firm since eventually all income is credited in individual PAN.

Thanks!!

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