"xyz" a partnership firm has 3 branches (a, b, c) within same jurisdiction...
each branch independently makes payment of salary and needs to deduct TDS....
does "xyz" need only one TAN or separate for each branch ????
also quote I.T. section or rule...
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tan number requirement for branch
Replies (1)
Yes... If separate Activities. Also it's clearly stated in TAN application...
As per section 203A of the Income-tax Act, 1961, every person who deducts or collects tax at source has to apply for the allotment of TAN.
Please read ICAI explanation in this link
https://www.icai.org/post.H T M L?post_id=2696
As per section 203A of the Income-tax Act, 1961, every person who deducts or collects tax at source has to apply for the allotment of TAN.
Please read ICAI explanation in this link
https://www.icai.org/post.H T M L?post_id=2696
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