The person responsible for paying the income/ amount which is subject to TDS/TCS is under obligation to deduct/collect the Tax at Source and therefore, as per provisions under the Income Tax Act is required to apply for
CS Executive · Tax Laws · PYQS · December 2021
The person responsible for paying the income/ amount which is subject to TDS/TCS is under obligation to deduct/collect the Tax at Source and therefore, as per provisions under the Income Tax Act is required to apply for Tax Deduction Account Number (TAN) in the application to be filed online in Form No. __________.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax Act
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