Tag Archives: Annual Information Return

Soon, the taxman will be able to access all the financial information of taxpayers in a single window. The income-tax (I-T) department is embarking on a project called Income Tax Business Application to collate all information on a taxpayer from various sources based on the permanent account number (PAN). Of …

This is in continuation to my previous article ‘Is it necessary to quote PAN’(Be aware – Taxman is watching). Now you are aware about the transactions for which the service provider like Car dealer, banker, insurance company, etc. obtains PAN number from you. Aren’t you curious to know what these …