banner_ad

Can i apply tan for next quarter.

TDS 404 views 3 replies

Hi there, I have a sole proprietorship, and have 7 employees, i m paying 45000 to each, i havent deducted any TDS for now, even i havent applied for TAN, do i need to apply it immedietely or can i apply it after march, plz help me.

Replies (3)
Dear ziya It is your liability to deduct the tds and deposit the same to goverment under sec 192(if your paying salary) Therefore you have to apply for tan. I suggest you to take TAN as soon as possible. You have to pay interest on late payment of tds. I suggest you to take up this matter to a professional c.a as you also have to file quarterly tds returns for the same. I hope my ans is clear to you.
ya i agree get the TAN as soon as possible and pay the TDS

Thnx manoj, as i mentioned that i have 7 employees, now the turnover of My firm doesnt exceed to 60 lacs maximum it can go till 45 lcs, Does TDS have to do anything with the turnover or not, i mean if my firms turnover goes upto 45 lacs then what would be the scenario or if it shrinks to 30 lac, .or in any circumstance do i need to deduct TDS.....thnx


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details