TAN requirement for property purchase clarified: buyer need not obtain TAN but must quote PANs for TDS reporting. A purchaser is not required to obtain a Tax Deduction Account Number (TAN) to report TDS on sale of immovable property; instead the buyer must quote their PAN and the seller's PAN for TDS deduction and reporting.
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Provisions expressly mentioned in the judgment/order text.
TAN requirement for property purchase clarified: buyer need not obtain TAN but must quote PANs for TDS reporting.
A purchaser is not required to obtain a Tax Deduction Account Number (TAN) to report TDS on sale of immovable property; instead the buyer must quote their PAN and the seller's PAN for TDS deduction and reporting.
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