TDS on partners remuneration

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TAN registration mandatory for partnership firm for deducting tds on partners remuneration. 

From which AY it will be applicable 

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Pl let me know if a Partner can submit Form 13 and request for issue of NIL TDS certificate.

As per the Income-tax Act, 1961, a partner can submit Form 13 to request a Nil TDS certificate, but there are certain conditions and requirements. Eligibility: A partner can submit Form 13 if: 1. *No tax liability*: The partner does not have any tax liability for the financial year. 2. *No TDS deductible*: No TDS is deductible from the partner's share of income from the partnership firm. Conditions: Before submitting Form 13, the partner must: 1. *Verify the partnership deed*: Ensure the partnership deed allows the partner to request a Nil TDS certificate. 2. *Obtain a certificate from the firm*: Get a certificate from the partnership firm stating that the partner's share of income is not liable to TDS. Procedure: To submit Form 13: 1. *Fill the form*: Fill Form 13 with the required details, including the partner's PAN, name, and address. 2. *Attach supporting documents*: Attach the certificate from the partnership firm and any other supporting documents. 3. *Submit the form*: Submit Form 13 to the Assessing Officer (AO) or the designated authority. Issuance of Nil TDS Certificate: If the AO is satisfied with the application, they will issue a Nil TDS certificate in Form 16A or Form 16B, as applicable. Please consult a tax professional or chartered accountant to ensure compliance with tax regulations and to verify the specific requirements for your situation.


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