pan card of properitory firm

[SAGAR SHELKE]

Dear Sir,

i am starting a  properitory firm.  While Filling a PAN CARD THROUGH ONLINE 49A,i get little confused while chosing category.

PL GUIDE For proprietary firm, which category should I select among following:-

Firm or (2)Company or (3) Body of individuals .

Also,

For this firm , which Tax registration is needed?

The firm will be engaged in manufacturing of biomass briquetting & will sell across state.

Rgds

SAGAR SHELKE

 

 

AI Summary

Proprietorship Firm Setup: Use Personal PAN for Biomass Briquettes Business; No Separate PAN or TAN Needed An individual starting a proprietorship firm inquired about the appropriate category to select when applying for a PAN card online and the necessary tax registrations for a firm involved in manufacturing biomass briquettes. Respondents clarified that a proprietorship is not a separate legal entity; thus, the individual should use their personal PAN for the business. Separate PAN or TAN is not needed for the firm. It is advised to ensure TDS certificates are issued in the proprietor's name, and invoices should reflect the firm's status as a proprietorship. Suggestions were made to maintain records of proprietorships linked to the proprietor's PAN.