LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Corporate Affairs Ministry's Incorporation Certificate Proof of PAN/TAN

Finance Act, 2018, amended section 139A of the Income-tax Act, 1961, and removed the requirement of issuing PAN in the form of a laminated card, an official statement said.

IANS

Updated:April 14, 2018, 7:45 PM IST
facebookTwittergoogleskypewhatsapp
Corporate Affairs Ministry's Incorporation Certificate Proof of PAN/TAN
Image for representation only.
Loading...
New Delhi: The government on Saturday said the Certificate of Incorporation (COI) issued by the Ministry of Corporate Affairs (MCA) is adequate proof of Permanent Account Number (PAN) or Tax Deduction and Collection Account Number (TAN) for a company.

"Finance Act, 2018, amended section 139A of the Income-tax Act, 1961, and removed the requirement of issuing PAN in the form of a laminated card," an official statement said, adding, "hence, it is clarified that PAN and TAN mentioned in the COI issued by MCA shall also be treated as sufficient proof of PAN and TAN for the said company assessees."

It further said: "In case of a company, an application for incorporation, allotment of PAN and allotment of TAN may be made through a common application form submitted to the MCA."

"In these cases, the COI issued by MCA contains a mention of both PAN and TAN," the statement noted.
| Edited by: Bijaya Das
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Sun Pharma 381.85 -10.48
Reliance 1,150.00 1.37
Jet Airways 286.30 0.35
Yes Bank 199.50 -0.99
HUL 1,751.15 -0.02
Company Price Change %Gain
Sun Pharma 382.80 -10.38
Reliance 1,150.00 1.43
ICICI Bank 375.25 0.51
Jet Airways 286.50 0.60
Yes Bank 199.50 -0.97
Top Gainers
Company Price Change %Gain
ONGC 147.35 1.62
Wipro 340.30 1.46
Reliance 1,150.20 1.39
Kotak Mahindra 1,231.75 0.97
Power Grid Corp 195.30 0.72
Company Price Change %Gain
Reliance 1,150.05 1.44
ONGC 147.10 1.38
Kotak Mahindra 1,230.90 0.89
Asian Paints 1,399.95 0.76
HCL Tech 961.00 0.65
Top Losers
Company Price Change %Gain
Sun Pharma 382.50 -10.33
Bharti Airtel 320.30 -3.54
GAIL 324.90 -2.26
Bajaj Finserv 6,274.45 -1.33
Yes Bank 199.30 -1.09
Company Price Change %Gain
Sun Pharma 382.80 -10.38
Bharti Airtel 320.20 -3.64
Yes Bank 199.50 -0.97
Axis Bank 671.85 -0.66
Coal India 230.50 -0.67

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results