Dear All,
The TDS Certificate is in name of Partnership firm.If TDS refund to be made,then it is to be made to partner or partnership firm.
Kindly clarify.
Thanks,
Deepti
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Tds refund to partner
Replies (2)
1. since the certificate is in name of partner, i hope the same is reflected in 26AS of partner.
2. TDS has to be claimed by partner if 1 above is true.
3. partner should pay the same to the firm.
Income is of firm. but due to such error by the client , the above is the only way out.
SORRY FOR THE ABOVE MISTAKE,
SINCE THE CERTIFICATE IS NAME OF FIRM, FIRM HAS TO CLAIM THE TDS CREDIT.
| Originally posted by : Deepti | ||
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Dear All, The TDS Certificate is in name of Partnership firm.If TDS refund to be made,then it is to be made to partner or partnership firm. Kindly clarify. Thanks, Deepti |
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as the TDS certificate is in name and PAN of firm, the same is to be claimed by firm and would be refunded to firm only.
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