TDS for proprietorship concern

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 January 2010 Can we use pan card of proprietor in a Proprietorship concern for E-Filing of TDS or do we need to apply for a separate PAN card for the firm.

CA. VIKAS GUPTA

CA. VIKAS GUPTA (Expert)
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12 January 2010 Hi,
Yes, PAN of the proprietor will be used for TDS return of proprietorship firm as both are of same standing in income tax.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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12 January 2010 In Proprietorship there is only one person so owner pancard is firm pancard it can be used in etds and for otherthan proprietor they have their firm pan also.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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12 January 2010 YES , WE CAN USE THE PROPERITOR PAN CARD AS BUSINESS PAN CARD

RAJAN GUPTA

RAJAN GUPTA (Expert)
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12 January 2010 For e filing of TDS Tan is required not PAN ,further proprietor may take separate TAN for each establishment or consolidated e filing also can be done but its all depends upon ,under which TAN tax has been deposited

Further same Pan is to be used in all the TAN issued to one proprietor