Criteria for Pvt. Ltd company to get TAN Number

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What is the criteria for Pvt. Ltd company to get TAN Number?

Is it based on no. of employees or is it complusory for any Pvt. Ltd. company to get TAN Number?

Replies (4)

if ur payment made to employees is beyond the taxable limits and other payemnts is made beyond the limits specified various sections 193 to 196... thne its compulsory 2 hv TAN n deduct tax at source...

I had made payment to my employees with salaries as Rs. 6000 per month and 12000 per month for 3 months.

Total of which does not fall in taxable limit of each individual...in that case...is TAN no. needed?

NO, TAN no. is not needed in this case, surely.

The criteria for applying for TAN do not depend on whether u r individual of Company or having some other status. It depends on your liability as to the TDS Deduction(which is rightly said by megha)


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