I m incorporating a partnership firm which turnover will be less than 2 vr. in a year..i.e.presumptive income u/s 44AD..
so in this case - tan no.is necessary??
pl confirm..
Thanks
Santosh
yes,it is necessary because turnover limit is to be seen only for individual & HUF.
For anyone else other than individual & HUF is mandatory required to obtain TAN.