Permanent account number for company branch

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 February 2015 Whether a Partnership Firm being a branch of Company (different state) required to take different PAN under Partnership Status?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 February 2015 Partnership firm can't be branch of a company. If it is a partnership firm it is a separate legal entity requires different PAN.

CA Alexandar Gazi

CA Alexandar Gazi (Expert)
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21 February 2015 Dear Friend,
An organisation (whether proprietary firm,partnership firm, LLP, Ltd. Company)may have a number of branches situated in different states but only single PAN is required for the organisation as a whole.

An organisation can never have more than one PAN may be there are 20 branches of the organisation located in 20 different states.

**** DIFFERENT TAN(S) MAY BE REQUIRED FOR BRANCHES IN DIFFERENT STATES BUT NOT PAN.

Further, a partnership firm cannot be a branch of a company. It can be a member of a Company. Partnership firm is having legal status separate from company. Partnership firm must have a separate PAN.

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