TAN Registration

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TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government.

Tax deducted at source (TDS) ensures that the Government's collection of tax is proponed and the responsibility for paying tax is diversified.

The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government - quoting the TAN number.

Individuals who are salaried are not required to obtain TAN or deduct tax at source.

However, a proprietorship business and other entities must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc.

On deducting tax at source, the entity registered for TAN will issue a TDS Certificate as proof of collection of tax.

To obtain TAN, application must be made for allotment of TAN in Form 49B along with the required supporting documents.

Based on the application, the TAN will be allotted to the entity and the entity must quote the TAN in all TDS/TCS returns, TDS/TCS payment challans and all TDS/TCS Certificates.

Benefits of TAN

It is related to deduction or collection of tax at source. PAN is different from TAN and cannot be used interchangeably. Everyone must have PAN to file his/her IT returns whereas TAN is required only if you deduct TDS or collect TCS.

Trust and Goodwill

TAN Registration promote and build a feeling of trust and quality in the customers mind and it establish credibility.

FAQ on TAN Registration

  • Why is TAN registration required?
    TAN is required to be quoted in all TDS/TCS returns, all TDS/TCS payment challans and all TDS/TCS certificates to be issued. TDS/TCS returns will not be received if TAN is not quoted and challans for TDS/TCS payments will not be accepted by banks.
  • Who needs TAN registration?
    TAN must be obtained by all persons responsible for deducting tax at source or who are required to collect tax at source. It is compulsory to quote TAN in TDS/TCS return, any TDS/TCS payment challan, TDS/TCS certificates and other documents as may be prescribed in communications with the ITD.
  • What is the validity of TAN?
    A TAN is issued with lifetime validity and doesn?t need to be renewed. However, if there are changes in the details submitted during the application for TAN registration, the same have to be communicated to the Tax Department.
  • What is the use of TAN card?
    In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alphanumeric number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961. The number is used in all TDS/TCS returns, TDS/TCS payment challans and all TDS/TCS Certificates.

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