We know that to know all about TAN is quite impossible. So, we have gathered all the basic TAN FAQs in this article for your convenience.
A business plan isn’t the only main thing you have to take a shot at if you need to set your business. This is to state that other than a business plan, you additionally need to look after at different things like: (i) Whether you will use goods or the service model (ii) financing alternatives … Read moreShops and Establishments Act
Partnership firm is one of the common types of business in the unorganized sectors of India. In a partnership business, two or more people come together and signs the partnership deed thereof, and share the profit in an agreed ratio. Partnership firms are easy to incorporate and the compliance included in this type of business … Read morePartnership Firm Incorporation in India
Before you know about your TAN it is important that we know the basics of it too. So, the first question is what is TAN? So the full form of TAN is Tax Deduction and Collection Account Number that is a 10 digit alpha-numeric code. As per Section 203A of the Income Tax Act, it … Read moreHow to know your TAN?
Before starting off with the article it is important for us to know what TRACES stands for? The full form of TRACES is TDS Reconciliation Analysis and Correction Enabling System managed by the Income Tax Department. It is a web portal that is created to administer all the TDS related procedures. Who can register on … Read moreTDS Registration Procedure on TRACES
The TAN or Tax Deduction and Collection Account Number is a 10 digit alphanumeric number required to be acquired by all people liable for deducting or collecting tax. Under Section 203A of the Income Tax Act, 1961, it is obligatory to cite the Tax Deduction Account Number (TAN) allocated by the Income Tax Department (ITD) … Read moreHow to Apply for TAN?
In the midst of the total shutdown in nearly the whole nation as a careful step against the COVID-19 (Novel Coronavirus) infection, the Union Finance Minister of India Mrs. Nirmala Sitharaman had declared different measures on 24th March 2020 to battle the economic slowdown in India. Different reliefs in compliance and filing extension set forth … Read moreCOVID-19 Impact on Income Tax Return and GST Return Filing
What are e-Ledgers? e-Ledgers are ledgers that are available to the registered taxable person in the electronic form on the GST Portal. Types of e-Ledgers Currently, three types of e-ledgers are available on the GST Portal. Section 49(7) of the CGST Act deals with the provision regarding the maintenance of records. These 3 types of … Read moree-Ledgers under GST