1. PAN & TAN,
PAN Card is mandatory for the following transactions;
1. Sale/purchase of property exceeding Rs. 10 lakhs
2. Deposits with co-operative banks, post office, Nidhi, NBFC will also need PAN, deposits
aggregating Rs. 5 lakh or more per year will need PAN
3. Opening of bank all accounts except Jan Dhan
4. Payments exceeding Rs. 50,000/- of Hotel/ restrauant bills
5. Cash payment in connection with foreign travel of an amount exceeding Rs. 50,000/-
including forex purchase
6. Buying or selling shares worth Rs. 1 lakh of unlisted companies.
Opening a demat account.
7. Purchase or sale of any good
or service exceeding Rs. 2 lakh per transaction
8. Cash payment aggregating to more than Rs. 50,000/- a year of
instruments under Payment and Settlement Act.
Why TAN is required and where?
2. GST Registration & Filing,
4. Book Keeping & Outsourcing,
5. Tally entries,
6. Import Export Code,
7. GST Compliance,
8. MSME Registration/ UDYAM registration / Udyog Aadhar registration / SSI registration,
9. TDS filing,
10. CMA report for Bank loan ,
11. ROC / Annual Filling,
12. EPF Registration,
13. Internal audit/ Monthly audit ,
14. Partnership Firm creation,
15. Company Registration,
16. Proprietorship Firm creation,
17. Internal control system setup,
18. Digital Signature Certificates.
19. Auditing,
20. Advance tax estimation (Income tax)
21. All other accounting related works.
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