Who has to register for TAN and start to deduct the TDS?
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
28 March 2019Who has to register for TAN and start to deduct the TDS?
prasad Nilugal
( GST Practitioner & Accounts )
(14663 Points)
Replied 28 March 2019
As per section 203 A of the Income tax act every person deducting Tax (TDS) or Collecting Tax at source (TCS) required to Obtain TAN no form Income tax Department .
Avinash Jeevan Dsouza
(Assistant In Charge Accountant)
(3284 Points)
Replied 28 March 2019
For whom it is compulsory to deduct the TAX?
prasad Nilugal
( GST Practitioner & Accounts )
(14663 Points)
Replied 28 March 2019
Every person on certain receipt or Payment (expense / Income ) as stated in the Income tax act has to deduct TDS / TCS .
( please refer section 192 to 206 of the Income tax act 1961 for Payment & receipt )
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