Tan no

This query is : Resolved 

10 July 2012 IF ANY PERSON NOT IN LIMIT FOR TAX AUDIT BUT HE PAY RENT ON P&M 480000/-P.A.
SO HE APPLY FOR TAN NO.? AND LIABLE TO TAX DEDUCT ON RENT (194I)
PLEASE GUIDE ME .........................

11 July 2012 An INDIVIDUAL or HUF is liable to deduct TDS if he/it was required to get its accounts audited in the PREVIOUS YEAR.

If the INDIVIDUAL/HUF was not required to get its accounts audited in the PREVIOUS YEAR, then they are NOT liable to deduct TDS.


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