Tan registration for private limited company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2014 Hi,
I am handling accounts in a pvt ltd company for last 2 months. The Co. formally established on year 2011 as sole proprietorship business, converted to a private Ltd company on year 2012. As on date has not applied for TAN.Company's turnover is 86 lac for fin.year 2013-14. My query is whether company should immediately apply for TAN is co. eligible for TDS?
Regards,

Rupesh Jain

Rupesh Jain (Expert)
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24 April 2014 yes PVT LTD/ LTD company /Partnership firm
are liable to deduct TDS from the date of incorporation/formation.so if you have any exp which liable to tds then you have to apply for TAN.