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tan number requirement for branch

Others 402 views 1 replies
"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...
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


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