Tds on expenses before receiving tan

Sowmya P K (Chartered Accountant) (251 Points)

19 January 2012  

Hi All

 

I have a query pertaining to TDS deduction. Company incurred some pre-incorporation expenses lik professional fees, etc., in say February; however, TAN was allotted to the company only in March.

 

Whether TDS needs to be done? If yes, when should the same be remitted to the department?

 

Thanks in Advance