Small proprietor client-pmt to turkey co-tan ??

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This query is : Resolved

CA Abhishek Singh (Querist)

23 February 2013 Hello everyone,

my client mr. X proprietor entered into agreement with a company in Turkey providing certification services like ISO 9001:2000 something like that.

rate per certificate payable by mr. x to the turkey co was 150$

in the financial year 2011-12 he did only 3 certification work and therefore he has to pay 450$.

His turnover in the fy 11-12 was only Rs.100000/-

He donot have TAN no. and due to some dispute between him and the turkey company he decided not to do further business with them.

Now i have to issue 15CB to him and confused whether to get him a TAN or not becoz tax has to be deducted and if tax is not deducted then i cannot issue form 15CB ?

waiting for the views of the experts.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

24 February 2013 This is a two way professional opportunity and one must not lose this type of opportunities.
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It is better to obtain TAN even for a single time use - as the assessee seems to be having a potential to grow.
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After all, TAN will be issued in his personal name only, and can be used by him in future also.
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If TAN is not required then just by writing an application to the AO (TDS), you can get it cancelled.
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So charge the client for obtaining the TAN and Cancellation of the TAN.
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