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Doubt about 194ia

NAGA SAI DAMARLA (Student CA IPC / IPCC) (33 Points)

21 October 2013

If a Person Having TAN Number for his business or profession can we qoute same TAN number or we have to apply to the department for this property transaction separately

Please Clarify,

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Deepak Gupta (CA Student) (15922 Points)
Replied 21 October 2013

Originally posted by : NAGA SAI DAMARLA
	If a Person Having TAN Number for his business or profession can we qoute same TAN number or we have to apply to the department for this property transaction separately Please Clarify,

TAN is not a mandatory requirement to deduct tax from payment made for purchasing an immovable property - Sec. 194-IA(3).

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CA girl (Article Trainee-CA Final) (1942 Points)
Replied 21 October 2013

Originally posted by : \|)eep @ k Gupt/\
	Originally posted by : NAGA SAI DAMARLA If a Person Having TAN Number for his business or profession can we qoute same TAN number or we have to apply to the department for this property transaction separately Please Clarify, TAN is not a mandatory requirement to deduct tax from payment made for purchasing an immovable property - Sec. 194-IA(3).