Tax Deduction Account Number

Tax Deduction Account Number price starting at INR Rs. 499/- only.

Rs. 499/- only
About TAN Benefits Documents Required Features Process

What is Tax Deduction Account Number ?

Common names for the Tax Account Number include Tax Deduction Account Number, Tax Collecting Account Number, and simply TAN. The Income Tax Department of India generates a 10-digit alphanumeric code as a result of TAN registration. It is obtained by the person in charge of withholding or collecting tax at source, as the name implies (TDS or TCS). Companies must obtain and disclose the number when deducting employee wages. The Government has already established certain requirements for the collection and withholding of tax at source. Additionally, it is required to include the assessee's TAN in all TDS/TCS statements and challans for payment of TDS/TCS.

Benefits

Benefits of Tax Deduction Account Number  

Concept 

The specific 10-character alphanumeric identifier needed by individuals who must deduct tax at source or TDS is known as the Tax Deduction and Collection Account Number.

Who issues Tan card?  

The TAN card is issued by NSDL on behalf of the IT department and under the direction of CBDT thanks to a delegation of authority from the Income Tax Department. 

Who can apply?

Any person or business organisation required to deduct TDS and file a TDS return must submit a TAN application.

Validity of TAN card

Unless you give it over to the tax authorities for some reason, the TAN number is good for life. The TAN is generated once, and it does not need to be renewed.

How to apply for TAN?

Those who need TAN numbers must complete TAN Application Form 49B.

Authenticity of the TAN Card

The government provides a website called "Know your TAN" where anyone may quickly check and confirm the legitimacy of their TAN number.

Documents required

Documents required for Tax Deduction Account Number 

  • Copy of Aadhar Card or other address proof.
  • Name, contact details and signature of the applicant.
  • Certificate of Incorporation in case of company and LLP.
  • Agreement in case of LLP and Partnership Firm.
Features

Features of Tax Deduction Account Number

Required to quote

  • The TAN must be cited on TDS returns and challans. Also, it must be cited in all communications with the IT Department.

Validity

  • A TAN is good for life once it has been issued. TDS Filings, however, must be submitted on the last day of July, October, January, and May each quarter. A fine will be applied if TDS filings are not submitted by the deadline.

Multiple TAN

  • With a single PAN, you can have numerous TAN. Several PANs might be requested for various company branches.
Process

Process of Tax Deduction Account Number

  • Submit the necessary paperwork to our website gateway in order to register for a TAN online.
  • Select the suitable package and pay online using one of the available payment methods.
  • Your application will be allocated to one of our committed specialists after you place the order.
  • Our expert staff will complete and submit TAN application form 49B.
  • You will be given an acknowledgment receipt number with a special 15-digit code.
  • Within a few days, the TAN allotment letter will be delivered to your home.

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