No TAN to Buy Property From an NRI: What Actually Changes on 1 October, and What Does Not
From 1 October 2026 a resident individual or HUF buying immovable property from a non-resident does not need a TAN. The reporting moves to Form 141 and a new Schedule E, the deposit clock goes from 7 days to 30, and the accountant's certificate under rule 220 does not go anywhere.
Deep Jasani
@deepjasani17
I write on the income-tax beat here — ITR form selection and filing mechanics, the old-versus-new regime comparison, capital gains, the Section 87A rebate, TDS credit mismatches, and the interest that runs under Sections 234A, 234B and 234C. I work from the bare Act text and CBDT circulars rather than secondary commentary, and I put worked examples in using the numbers you actually see on the Income-tax Department portal. I'm writing for people filing their own return as much as for practitioners with a desk full of them.
