in traces under what head we can choose deductor or
tax payer
tan number of deductor required
Replies (3)
Quick Summary
This discussion clarifies how to correctly deduct Tax Deducted at Source (TDS) on rent payments. It addresses the crucial choice between selecting 'Deductor' or 'Taxpayer' under the relevant heads in the traces system. The importance of having a Deductor's TAN number is also highlighted, guiding users to make the appropriate selection based on their specific requirements.