Income Tax Clearance Certificates (ITCC) in India: Overview and Importance
In India, an Income Tax Clearance Certificate (ITCC) is a significant document that confirms an individual’s or entity’s compliance with tax obligations. Historically, ITCCs were required for various transactions, including bidding on government projects, registering real estate purchases, and renewing import/export or shipping licenses. However, with the introduction of the Permanent Account Number (PAN) system […]