Buchanania lanzan (Anacardiaceae) is a miracle herb widely used by Indian tribes for treating various diseases. Aim of the current review is to search literature for the pharmacological properties, pharmacognostic studies and phytochemical investigation of Buchanania lanzan. The compiled data may be helpful for the researchers to focus on the priority areas of research yet to be discovered. Complete information about the plant has been collected from various books and journals. Particulars of pharmacological activities, phytochemical isolation, toxicity studies etc. ongoing and emerging areas of research of this plant, especially in the field of phytomedicnes and pharmaceuticals was concluded in the review.