Doubt about 194ia

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NAGA SAI DAMARLA

Student CA IPC / IPCC

33 Points Joined October 2013

If a Person Having TAN Number for his business or profession can we qoute same TAN number or we have to apply to the department for this property transaction separately

Please Clarify,

Replies (5)

Deepak Gupta

CA Student

15932 Points Joined May 2011

Originally posted by : NAGA SAI DAMARLA
	If a Person Having TAN Number for his business or profession can we qoute same TAN number or we have to apply to the department for this property transaction separately Please Clarify,

TAN is not a mandatory requirement to deduct tax from payment made for purchasing an immovable property - Sec. 194-IA(3).

CA girl

Article Trainee-CA Final

1942 Points Joined May 2011

Originally posted by : \|)eep @ k Gupt/\
	Originally posted by : NAGA SAI DAMARLA If a Person Having TAN Number for his business or profession can we qoute same TAN number or we have to apply to the department for this property transaction separately Please Clarify, TAN is not a mandatory requirement to deduct tax from payment made for purchasing an immovable property - Sec. 194-IA(3).