A payer is a person who is making payment of specified nature which is liable to tax deduction. A payer is also known as Deductor. A payer is liable to deduct tax at a prescribed rate and deposit the same with the Income Tax Department. 


Payer broadly includes the following: 



  1. Corporate/ Company

  2. Firm

  3. Government Offices

  4. Individuals if covered under section 44AB (mandatory audit)