TDS on individual

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Account Executive
67 Points Posted on 09 March 2021
Can I deposit TDS on individual rather than company name?
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On 09 March 2021 at 18:05 Report
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Quick Summary
This discussion clarifies how to handle Tax Deducted at Source (TDS) when making payments. The key takeaway is that TDS should be deducted and deposited under the name of the recipient, whether they are an individual or a company. Ensure you use the correct PAN for the individual or entity to whom the payment is made for accurate TDS compliance.

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Chartered Accountant
24588 Points Posted on 09 March 2021
If amount is paid to any individual name then TDS can be deducted on individual name otherwise on company name
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On 09 March 2021 at 18:13
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student
108 Points Posted on 09 March 2021
Depends on whom you have made the payment, incase payment made to individual TDS to be credited to individuals PAN incase other than individuals their respective PAN
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On 09 March 2021 at 20:37

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