WHAT WE DELIVER
- TAN
What is TAN Application?
TAN stands for Tax deduction and Collection Account number. It is a unique 10-digit alpha-numeric number issued by the Income Tax Department. Under the Income Tax Department, the TIN-NSDL center regulates and controls the TAN applications. Every person liable to deduct tax at source or collect tax at source is required to obtain a TAN registration. However, a person required to deduct tax under section 194-IA can use PAN in place of TAN as such a person is not required to obtain TAN.
TAN is mandatory to be quoted in TDS/TCS Statements, TDS/TCS Challans, TDS/TCS certificates. Section 272BB (1) provides for penalty for failure to obtain TAN and section 272BB(1A) provides for penalty for quoting incorrect TAN. Penalty imposable under section 272BB is Rs. 10,000. TAN applications can also be made to request changes or corrections in TAN numbers.
FEATURES
Mandatory Requirement
TAN is mandatory for entities liable for deducting TDS under specified transaction as per different sections of the Income Tax Act.
Compliance with the Act
TAN is required to be quoted on deposit challans and TDS certificates with non-compliance attracting penal provisions.
Filing of Return
Every deductor is required to file E-TDS returns on a quarterly basis. TAN number is mandatory for e-filings of returns. Default in filing return is liable for a penalty.
Unique Identification
TAN number is a unique identification alpha-numeric number assigned to individuals or firms distinctly.
Requirements
- Entities liable to deduct and deposit TDS need to necessarily obtain the TAN
TAN Application Process
- 1
Basic Documents
Arrange and provide basic documents as per the list provided by us. Provide duly filled Application form 49B.
- 2
Payment of Fees
Make the payment of Registration fees.
- 3
Initiate Process
An application is to be filed online
- 4
Key Deliverables
Get the TAN intimation along with TAN number in your registered mail.
customer stories
Bhanu has been working for Unifii for the last 1.5 years and as our accountant and Legal advisor. His knowledge and attention to detail have aided in keeping our company on track during recent times and through a major restructure. I feel confident in recommending Bhanu's and his team's professional services. He is not only thorough but also easy to work with and always willing to take the time to discuss my concerns and respond to questions.
Harneet Singh
Sydney, New South Wales, Australia
He is proactive, result oriented, and a responsible person. He is always ready to put all his energy and time to get the work done in the best possible manner. Bhanu is a well connected professional that always takes the time to support anyone is his network. I wish him all the best.
Smriti Anand
Extremely professional, time oriented and supportive are three words that goes perfectly well for Bhanu. He is my go to person for all accounting queries and requirements. I strongly recommend his professional services to all. Besides he is a great human being to know.
Sarita Chauhan
Chairman & Director Farsighters Network and Communications Pvt Ltd
I've worked closely with Bhanu. He is a very thorough and confident person. He knows his work well and tries to improvise in everything. Wish you luck Bhanu!
Harcharan Singh
Chartered Accountant UAE
Bhanu is a person to count upon, with his expertise in his domain and knowledge he brings on you can reach him with a problem any time. His appetite to listen and understand the issue makes him the man for the job. He is proactive, energetic and a resourceful guy. My best wishes to Bhanu and Provenience for future endeavour.
Ashwani Soni
Founder, Addensure Media LLP
Provenience is perfect to partner with in your startup or corporate journey. Seamless service and support provided by team is really helpful specially when you are trying to setup your venture. I would like recommend Provenience to every startup.
Amit Tyagi
Founder, Onmytap- NETWORK FOR PROFESSIONAL GROWTH
Bhanu is one of the most sincere and trustworthy person I have come across. He is extremely ethical and is completely customer focused. His hard work and dedication is commendable and with him handling the legal as well as taxation things are always in order and compliant. Keep up the good work Bhanu. Wishing you more and more success as you grow.
Kiranjeet Kaur
Co-founder, Executive - Brightsandz Clean Tech Pvt Ltd
Price
Frequently Asked Questions (FAQs)
TAN stands for Tax deduction and collection account number. Any person liable to deduct and deposit TDS must obtain TAN number.
- TAN is the identity of a tax deductor, and it needs to be quoted on all the challans of TDS.
- TAN consist of 10 Digit Alphanumeric code.
- First Three character represents a city or state in which TAN application is made.
- The fourth Character is the initial letter of tax deductor name.
- Next five are system generated.
- The last character is system generated check digit alphabet.
TAN can be applied online /offline by Filing form 49B. For online application, visit https://tin.tin.nsdl.com/tan/form49B.html alternatively offline application can be filed at any Authorised TIN FC centre.
TAN AO code can be searched city-wise https://tin.tin.nsdl.com/tan/servlet/TanAOSearch?display=Y
While filling TAN application online, you are only required to send signed acknowledgement slip generated after filing the application of TAN. While in the offline process, TIN FC may ask a copy of Pan card of the applicant.
TAN usually issued with a week.
TAN is delivered in soft copy through email.
TAN amendment can be done online/offline through the change request form.
TAN issued inadvertently may be cancelled by Change correction form online/offline.
In case the relocation is in the same city, then the application for change in TAN number is not necessary. But if relocation is to a different city, then the application for the changes in TAN is compulsory.
In case the original TAN number is lost then it is better to carry a copy of the receipt of the TAN application. This can be availed easily from the website of Income Tax Department website.