TAN Exemption for Resident Individuals & HUFs on Immovable Property Purchases from 1st Oct 2026

Last updated: 03 February 2026

The government has proposed a relaxation from the requirement to obtain a Tax Deduction and Collection Account Number (TAN) for certain property transactions involving non-resident sellers. Existing Legal Position under Section 397 Section 397(1)(a) of the Income-tax Act mandates that every person

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Category Union Budget   Report

Comment   Share
  21 Views
Comments

Recent News :

  1. FAST-DS 2026: Proposal of One-Time Disclosure Scheme for Foreign Assets of Small Taxpayers
  2. Big Relief for Taxpayers: Criminal Liability Rationalised in Income Tax Act, 2025
  3. Income Tax Act 2025 Amendment: Taxpayers Can File Updated Returns Even After Reassessment Notice
  4. TAN Exemption for Resident Individuals & HUFs on Immovable Property Purchases from 1st Oct 2026
  5. Electronic Application for Lower or Nil TDS Certificates from 1st April 2026
  6. Updated Return Rules Amended: Filing of Loss-Adjusted Returns Allowed from FY 2026-27
  7. Revised ITR Filing Period Extended from 9 to 12 Months for FY 2026-27
  8. Income Tax Act 2025: ITR Filing Deadlines Rationalised for FY 2026-27
  9. Finance Bill 2026 Introduces Key Excise Duty Amendments
  10. Custom Law Amendments in Finance Bill 2026

More »


Popular News




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

budget 26-27

Browse by Category