Pan & tan for business run by proprietor

Avinash Jeevan Dsouza (Assistant In Charge Accountant)   (3284 Points)

02 July 2018  

My friend would like to start a new venture as a proprietor. He wants to make the payment to Contractor. For his business, his PAN will be treated as PAN for his business too. I would like to guide him on how he needs to apply for TAN? Please guide me. How he needs to apply PAN? On which basis he needs to apply for TAN?