FAQ
- (+) TAN
- What is TAN?
- Who is a deductor?
- What is TAN Registration Number?
- What are the types of TAN applications?
- How to apply for new TAN?
- How can I track the status of my TAN application?
- How is TAN issued?
- Why is it necessary to have TAN?
- What is TDS?
- Is TDS relevant for me as a businessman?
- I have made some deposits with a bank on which annual interest is around Rs. 15000. My income is below taxable limit. The banker wants to deduct tax. What do I do?
- I have let out a property for Rs. 20,000 per month. The tenant is deducting tax that is more than my tax liability. What can I do under this circumstance?
- I have deducted tax from payments disbursed but used the same for some urgent financial needs. What are the consequences?
- If the employer does not deduct tax and employee also does not pay his due tax, who will be held responsible for tax payment?
- I am buying a property from a person residing in USA. Should I deduct tax while making payment?
- Can I use PAN to pay the TDS deducted into government account?
- Is Income Tax Act applicable only to residents?
- Who is a resident?
- How can I know whether a company is resident or non-resident?
- How is resident / non-resident status relevant for levy of income tax?
- I own shares of various Indian companies and receive dividends. Is it taxable?
- How does the Government collect Income Tax?
- What is the procedure for depositing tax?
- I am a small time trader. Do I need to maintain any accounts?
- Where should the books of account of my business be kept and for how long?
- Do I have to keep an accountant to maintain my account?
- What is meant by audit of books of account?
- In my business, it is impossible to issue bills for every transaction. How can I be expected to maintain proper accounts?
- General
- What is PAN?
- Deductee is foreigner and does not have PAN. Do I need to deduct TDS?
- What happens if I have quoted incorrect PAN in the tax payment challan used for depositing my advance / self-assessment tax?
- Can a foreign citizen apply for a PAN? If yes, which form should be used?
- PAN provided by deductee is invalid, Can deductor deduct TDS on higher rate along with surcharge?
- PAN Verification/PAN Error
