top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration

Facebook Login
Site Registration

Please Explain TDS-Section-194C?

+1 vote

How to find out whether the deductee is individual or company or firm etc., For example invoice is in the name of ABC enterprises? in above example how do i determine the status of the deductee?

posted Jun 16, 2017 by Chetan Hindu

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

PAN of deductee will provide you detail whether deductee is individual or firm or company.

The fourth character informs about the type of holder of the card as given below.
A — Association of Persons (AOP)
B — Body of Individuals (BOI)
C — Company
F — Firm
G — Government
H — HUF (Hindu Undivided Family)
L — Local Authority
J — Artificial Judicial Person
P — Individual
T — AOP (Trust)

answer Jun 17, 2017 by Swati Tyagi
Contact Us
+91 9880187415
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Karnataka INDIA.