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What is a Tax Account Number?
Tax Account Number is commonly referred as Tax Deduction Account Number or Tax Collection Account Number, or simply TAN. TAN registration leads to a generation of 10 digits alpha-numeric code that is issued by the Income Tax Department of India. As the name suggests, it is obtained by the person responsible for deduction or collection of tax at source (TDS or TCS). Businesses while deducting the salaries of employees must obtain and mention the number. Specified criteria to collect and deduct tax at source are already prescribed by the Government. Also, it is compulsory to quote TAN of the assessee in TDS/ TCS statements and challan for payment of TDS/ TCS.
Requirements of Tax Account Number
Mandatory for deduction & collection of tax
The government has specified certain transactions including salary where the assessee needs to collect or deduct the tax from the source itself. While entering into such transactions, Tax Account Number is mandatory to be mentioned.
TDS Certificate and Filing
Every person deducting TDS at source must issue a certificate to the effect that the tax has been deducted with other required particulars. The certificate of TDS must quote the TAN of the deductors. Also, while filing TDS returns online, providing TAN is mandatory.
Documents Requirement for TAN Application
Address Proof
Copy of Aadhar Card or other address proof
Applicants Information
Name, contact details and signature of the applicant
Certificate of Incorporation
Certificate of Incorporation in case of company and LLP
Agreement
Agreement in case of LLP and Partnership Firm
Structure of TAN
Represents your TAN jurisdiction codes in alphabets
Initial of the TAN holder’s name
System generated numeric digits
Alphabetic check digit generated automatically
Apply for TAN in 3 Easy Steps
1. Answer Quick Questions
- Spare less than 5 minutes to fill in our Questionnaires
- Provide basic details & documents required for TAN registration
- Make payment through secured payment gateways for TAN application
2. Experts are Here to Help
- Preparation and verification of application
- TAN Application Submission
- Acknowledgement receipt of filed application
3. Your TAN is assigned
- All it takes is 3 working days*
TAN Application Process
Day 1 - Collection
- Collection of required documents for TAN application
Day 2 - Submission
- Preparation and verification of TAN Application
- Application with concerned authority
- Sharing acknowledgement receipt
Day 3 - Government Processing
- Application processing by IT department
Explore PAN registration process
Once applied generally, it takes 7-10 working days for TAN allotment by NSDL. However, receipt of a physical TAN letter may take time depending upon the processing time by the department. Once the application for TAN number is made, it is always possible to know your TAN status.
No, a PAN cannot be used instead of TAN. PAN and TAN serve two different purposes. Therefore, it is mandatory for those deducting tax at source to obtain a TAN.
Tax Deducted at Source (TDS) must be deposited through banks using Challan 281, quoting the TAN number of the entity. The deadline for payment of TDS is the 7th day of every month.
TDS Return should be filed quarterly on the 31st day of July, October, January and May. The TDS return filed on these months will correspond to the transaction of the preceding three months.
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