What is difference between individuals & company? When
deducting tds for them how we can compare them?
Answers were Sorted based on User's Feedback
Answer / prashantha kumar
A Company means any organization which is registered with
the Ministry of Corporate Affairs and an individual means an
ordinary person. With the PAN number we can differentiate
where 4th letter will represent the status of the PAN Holder.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / k.yalamanda
iNDIVIDUAL MEENS THEIR TURNOVER NOT EXEEDING 40 LAKHS BUT A
COMPANY MEENS THOSE PROFITS MAY BE 40 ABOVE
Is This Answer Correct ? | 1 Yes | 5 No |
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