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
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
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.