What A Resident Must Know Before Buying Property From A Non Resident?

It is not just a buy and sale transaction when a resident of India buys a property from a non resident. Since the  sale of immovable property  by non resident entails payment of sale consideration by the buyer who is resident Indian , tax has to be deducted at source and paid to government as per...

RBI Circular: 90 Days for Liaison Office (LO) to Get Unique Identification Number

Under the provisions of FEMA, 1999, a person resident outside India requires the prior approval of the Reserve Bank of India for establishing a Liaison Office (LO) /Branch Office (BO) in India.However, RBI noted that many Liaison Office are functioning in India without its approval. Reserve Bank of India has issued Circular providing 90 days...

Find TAN of Any Company / Bank Easily

Find TAN online Now ! Filing of return of income a yearly ritual and so is the deduction of tax on certain payments. It happens many time that the bank ahs deducted tax at source and the tds certificate is not given to the deductee or is not available with the tax payer at the...

How to easily find A.O code for PAN?

Applicants for PAN are required to provide the AO code in their application. This information can be obtained from the Income Tax Office. Applicants may search their AO Codes on the basis of description wherever provided as NSDL provides very useful way to find out their AO Code .Just Follow following steps First Step :   ...

TAN Application Through NSDL Online Form 49?

TAN application or Tax Deduction and Collection Account Number application for 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. All those persons who are required to deduct tax at source or collect tax at source on behalf of Income Tax Department are required...

40 Questions You Ever Wanted to Know About TAN Answered !

The Tax Dedcution Number( TAN ) is very important now because most of the persons , even Individuals and HUF having sales turnover above Rs 40 lacs or having professional receipts above rs 10 lacs are made responsible for dedcution of tax at source in many kind of payments. Therefore, I am giving below the...