Pan/tan no. should be applied for either of trust or school

Others 4452 views 6 replies

A school is managed and runed by a TRUST .

Please clearify that PAN no. should be applied for either "SCHOOL " or "TRUST " ?

And also Tan no. should be applied for either "SCHOOL " or "TRUST " ?

Replies (6)
You should get in the name of trust not in school name...

Here seprate entity concept should  be appplied .................

TRUST is only to manage the school .......In fact the INCOME TAX PAYMENT / ITR Return /E -Tds sholud be filed of school so there is need of PAN/TAN Registered on school name

 

 

PAN should be on Trust name.

PAN and TAN should be applied for Trust

Currently I am doing TDS/TAX/Accounts works of State Govt. college and this college have its own separate TAN no.not in the name of its "TRUST ".........now their is requirement of PAN no. so I am confused that whether I suggest to apply PAN no. on the name of "TRUST " or college ......

Another one recently opened SCHOOL asking suggestion whether to apply "TAN/PAN" on the name of its "TRUST or SCHOOL " ...........................after referencing above case should I suggest to apply TAN no. on the name  OF SCHOOL ?

Currently I am doing TDS/TAX/Accounts works of State Govt. college and this college have its own separate TAN no.not in the name of its "TRUST ".........now their is requirement of PAN no. so I am confused that whether I suggest to apply PAN no. on the name of "TRUST " or college ...... Another one recently opened SCHOOL asking suggestion whether to apply "TAN/PAN" on the name of its "TRUST or SCHOOL " ...........................after referencing above case should I suggest to apply TAN no. on the name OF SCHOOL ?


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