Experience a hassle-free TAN registration process for all your requirements.
Just at ₹217 ( All inclusive)
Say goodbye to delays and challenges! Choose India’s top company incorporation services provider to swiftly register your business. Subject to T&C*
Still having any queries?
Happy businesses & Clients.
Partnered banks & Government Orgs.
India Registered
Google Ratings
Customer Satisfaction Guarantee
OVERVIEW
TAN REGISTRATION
Every organization must mention the TAN in any correspondence affecting TDS under Section 203A of the Income Tax Act of 1961. Individuals/organizations signed up for Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) will receive a ten-digit alphanumeric Tax Collection Account Number (TAN) from the Income Tax Department. All TDS/TCS returns, certifications, and payment challans must include the TAN number. All entities that deduct tax at source must have a TAN number to carry out the deduction process on behalf of the government and make deposits to the same.
STRUCTURE
STRUCTURE OF TAN
- The first four TAN digits are alphabets, the following five are binary, and the final digit is an alphabet
- The first three alphabets stand for the authority codes
- The initial alphabet represents the TAN holder's name, which can be that of a person, business, or other entity, and is represented by the fourth alphabet of the TAN.
BENEFITS
BENEFITS OF TAN
- The recipient's address and PIN number are automatically filled in when one files their TDS reports with TAN in accordance with I-(Income T's Tax Department) regulations, greatly increasing the transparency of taxation.
- The status of booking is recorded when TDS is filed using TAN, allowing the deductor to keep track of whether or not their returns match the TDS statement that has previously been filed by them.
- Various divisions or departments within the same firm may submit TAN applications.
- Further to creating TDS/TCS invoices and payment challans, TAN may be used to submit TDS returns.
- This TDS certificate can be used by the taxpayer to demonstrate that the tax was paid in any type of dispute.
- The TAN number must appear on all tax-related papers.
- Using the "Know your TAN" option on the NSDL website will help someone who has forgotten their TAN number to locate it.
- The acknowledgment number can be used to track the status of an application after it has been submitted successfully.
- It is a valid for lifetime.
- TAN is ultimately employed to subtract items like salary, interest, and dividends.
PROCEDURE
THE PROCEDURE OF REGISTERING A TAN
Offline Mode
- To apply for TAN, submit a Form 49B (duplicate) application to any Tax Information Network Facilitation Center (TIN-FC).
- The addresses for TIN-FC can be found on the NSDL-TIN website.
- To request the assignment of a Tax Deduction Account Number, a corporation that hasn't been incorporated under the Companies Act of 2013 might use Form No. INC-32
Online Mode
- To receive tax information, go to the Tax Information Network (TIN) section of the National Securities Depository Ltd (NSDL) website.n the facilities that the company owns or manages.
- Choose Service. Drop-down Menu > TAN > Online Application: Select ‘New TAN’; from the website drop-down option.
- Complete all required fields after selecting New TAN, and then submit.
- After selecting a payment option, you will get an acknowledgement screen with payment information. Insert the necessary details.
- The candidate shall bear the cost of TAN registration.
- On the other hand, the appropriately signed acceptance receipt and a demand draught (DD) or challan made payable to NSDL-TIN should be delivered to NSDL's office address if payment is made offline.
- Download Form 49B from the NSDL website, complete it with the required details and mail it to the NSDL office along with a DD or challan bearing the NSDL-TIN.
- The applicant's name and acknowledgement number should be written on the reverse of the DD/Cheque.
- A confirmation of the electronic payment will be displayed.
- The applicant must save, print, and submit the acknowledgement to NSDL in accordance with the directions under "document submission."
- Use Taxkey to receive professional assistance with TAN registration.
REQUIRED DOCUMENTS
REQUIRED DOCUMENTS
While applying online, users are only required to submit the application form and the applicable costs. You must present KYC documentation if you are applying offline or through an agent, which includes:
- Passport-sized photo
- Address proof (Aadhar Card)
The list of paperwork you must submit with your application form in the case of a partnership firm is as follows:
- A duly filled and signed application form
- Recent Partnership Deed
- Registration certificate for the business
- ID proof of all partners
- A passport-sized photograph of the authorized partner
- Address proof for the current office space
- Account statement of the company for the last three months
- KYC details of one partner, including two passport-sized photos, government-issued ID proof, and address proof.
Please be aware that all copies submitted with a TAN application must be made on A4-sized paper and must be self-certified in blue ink.
STATUS OF A TAN REGISTRATION
HOW TO CHECK THE STATUS OF A TAN REGISTRATION
Each applicant can use the “track status” tool, which employs a fourteen-digit acknowledgement number, to determine the current status of their TAN application.
By following the instructions below, one can determine the status of their TAN:
- Visit the Tax Information Network (TIN) website of the Income-tax department.
- Choose on the application type. i.e. TAN
- Name > Date of Birth > Acknowledgement Number
- The status of the TAN application can then be determined.
- To inquire on the status of their application, the applicant may call the TIN Call Center at 020 - 2721 8080 if they so choose. You can also find out the current status of the TAN application by sending an SMS with the words NSDLTAN to the number 57575.
TAN
KNOW YOUR TAN
- Visit the IT department's official e-filing webpage
- Choose the 'Know Your TAN' option
- Choose 'Name' or 'TAN' from the 'TAN Search' menu
- Next, Select the 'Category of Deductor' option
- You must give your name, state, and registered mobile number.
- Then click "Continue."
- Enter the OTP sent to the registered mobile phone at the corresponding screen.
- Next, choose "Validate."
- The entire TAN data will be displayed on the screen.
- After downloading it, print it out and use it as your TAN certificate.
- Aadhaar cards or any address verification method are accepted as the documentation needed for TAN registration.
- Name, address, phone number, and the applicant's signature on the LLP or firm incorporation certificate
- After the data as mentioned above has been added, the acknowledgement slip is generated.
- Save and print the acknowledgement receipt for later use.
- A credit card, debit card, or net banking option may be utilized if the payment is done online.
- If the payment method is offline, the NSDL office must receive a Demand Draft (DD) or challan with the reference number NSDL-TIN.
REGULATIONS
PENALTIES FOR BREAKING TAN REGULATIONS
- A corporation would be penalized 10,000 INR if they fail to include the Tax Deduction and Collection Account Number (TAN) on documents where it is required.
- Companies who provide the incorrect TAN number to the tax authorities are subject to a 10,000 INR penalties under Section 272BB of the Income Tax Act.
Please be reminded that the Indian government is changing the process for applying for and receiving a TAN number. Organizations are no longer required to file both TAN and PAN cards, according to directions already issued by the Ministry of Corporate Affairs (MCA) and the CBDT. Also, providing inaccurate information on the official website may complicate the process. To obtain a TAN, it is strongly advised that you get in touch with our legal professionals. Taxkey will offer total assistance and swiftly complete the entire process.
FAQS
FAQS
It takes between 7 and 10 days to process a TAN application, depending on the mode of concession. The process in differences will take longer than applications for physical TANs.
No, you must include the issued TAN in all returns, certifications, and other paperwork. You can use it for both TDS and TCS.
A list of TIN facilitation centers is available on the NSDL-TIN website.
Yes. You can use debit and credit cards, online banking, and other payment methods to cover costs.
No. Only Form 49B must be used to apply for a TAN. The application form is available for download on the websites of the NSDL and the Income Tax Department (www.tin-nsdl.com and www.incometaxindia.gov.in, respectively), as well as from other sources. Moreover, TIN Facilitation Centers have the application on hand.
How it works
Easy Step Process
We offer consulting services to businesses. Our experts help you achieve your financial goals.
Simplify your finances with TaxKey Accounting's seamless online platform. From registration to personalized financial plans, we're your trusted partner every step of the way.
Experience convenience with our streamlined delivery process. From order to doorstep, we ensure your items reach you swiftly and securely
Need more help?
Testimonials
Our Clients' Reviews
