My business is regd in FY 2019-20 and due to my turnover i am liable to tax audit. Do I need to apply for TAN registration and TDS deduction of i receive services on which TDS deduction liability occurs.
TAN is to be obtained by all persons who are responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS) irrespective of Turnover.