TDS in case of proprietor ship firm

This query is : Resolved 

13 November 2008 We deduct TDS in the name of the Propreitorship firm. But proprietorship firm has no separate PAN. PAN no of individual mentioned on certificate.

So how the benefit of TDS can be claimed by that individual as in E-mode credit would be given to PAN no. with the other details mentioned in TDS return.

As name would not be matched while transferrring the credit through TDS return. How individula claim the credit of that certificate



13 November 2008 Certificate will be issued in whose name ?

13 November 2008 In the name of firm not in the name of individual


13 November 2008 Then how individual can claim
Its impossible.

13 November 2008 In this situation i have to take PAN no in the name of Proprietorship firm.

So whether we can take PAN no. in the name of Proprietorship fim and how as in the form 49 there proprietorship is not mentioned anywhere.

13 November 2008 Yes U can take PAN in name of ur firm
Its good to take PAN for ur firm. It will help U fill IT return & it also have various other benefits like opening Demat Account, getting Tax refun if any.

13 November 2008 Refer site:
www.tin-nsdl.com

13 November 2008 As there is no documentary evidence (date of birth, address proof) in the name of Proprietory Firm how can we obtain PAN no. of Proprietoryship firm.

Form 49A also doesnot provide any specific instruction to obtain the PAN no.


13 November 2008 U can ask at kelpline number provided



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