16 April 2011
when a partner expires in may 2010 and firm becomes prop and now can prop being first year can deduct tds and on 1st april again firm become partnership can pan will be same
16 April 2011
If the partner expired in may 2010 and no other partner is taken then the firm dissolved automatically. Therefore no need to deduct TDS after may 2010 if the business is run under proprietorship because its the first year of business. If again from 1st april partnership firm comes into existence then new pan number has to be obtained.
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