TDS and TAN

[Harish Chaudhari]

Dear Sir,

I am Harish Chaudhari recently I started proprietorship small business for electronics and electrical technical services pls I need below point clear from you.

When I will received payment from company against my work it TDS deducted amount not debut about this.

What about when paid to my contractor person / consultant /  company (not employee). If you advice me deduct TDS again for above 20000 amount then I need to apply for TAN and I need to provide TDS certificate to them. If I need to for TAN under which category I need to apply and on my name or my company name ?

 (g) Firm / Association of Persons / Association of Persons (Trusts) / Body of Individuals / Artificial Juridical Person [For branch of Firm / Association of Persons / Association of Persons (Trusts) / Body of Individuals / Artificial Juridical Person, please select category Branch of Firm / Association of Persons / Association of Persons (Trusts) / Body of Individuals / Artificial Juridicial Person and fill details in 1(h)]??   

Regards,

Harish Chaudhari.

 

AI Summary

New Proprietor Seeks Guidance on TDS and TAN for Electronics Business; Clarification on Contractor Payment Deductions Provided An individual recently started a proprietorship business for electronics and electrical services and sought advice on tax deduction at source (TDS) and Tax Deduction and Collection Account Number (TAN) requirements. They were unsure about TDS deductions on payments received and made to contractors or consultants. A respondent advised applying for TAN using the company name and specifying the individual's designation. For categorization, they suggested selecting 'Firm' for a proprietorship or 'Association of Persons' for a partnership.