Who has to register for TAN and start to deduct the TDS?
3 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 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)
(3292 Points)
Replied 28 March 2019
For whom it is compulsory to deduct the TAX?
prasad Nilugal
( GST Practitioner & Accounts )
(14801 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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