TAN registration is the account number for a tax deduction and collection. TAN number apply online is an alphanumeric number comprised of ten digits. This figure must be achieved by the people responsible for withholding tax at the source or collecting tax at the start. It is mandatory to mention your TAN number registration online in TDS or TCS return, payment, certificates, annual information statement and other documents.
Any person whose taxes are deducted at the source or collects tax at the start must obtain a TAN registration. If a person fails to apply for TAN number registration online or fails to mention the TAN number in specified documents, he will be fined Rs 10,000.
- ELIGIBILITY FOR TAN REGISTRATION
Features Of Tan Registration
The essential features of TAN registration are given below:
Mandatory to mention
It is compulsory to cite or quote your TAN number apply on TDS returns and challans. TAN number apply online to be quoted in all correspondence along with the IT Department.
Sole Proprietor
Salaried people are not required to deduct tax at source. However, sole proprietors need to get a tan number, apply online and get tax deducted at the source.
TDS Payments
At the time of TDS payment, the TAN number apply online to be mentioned in Challan. TDS is usually required to be paid on the 7th day of the month.
TAN Device Centers
TAN Device Centers help with online TAN registration with minimal hassle and paperwork. Once you submit your new TAN number, use online application, the process is quick and easy.
Fast Processing
TAN number apply online can be collected quickly within one week after submission of documents and application.
Validity Period
TAN registration is a one-time process and is valid for a lifetime. There are no revalidation and expiration issues on TAN number apply online. However, you must apply for TAN registration again if you surrender your TAN.
Features Of Tan Registration
The essential features of TAN registration are given below:
TDS Payments
At the time of TDS payment, the TAN number apply online to be mentioned in Challan. TDS is usually required to be paid on the 7th day of the month.
TAN Device Centers
TAN Device Centers help with online TAN registration with minimal hassle and paperwork. Once you submit your new TAN number, use online application, the process is quick and easy.
Fast Processing
TAN number apply online can be collected quickly within one week after submission of documents and application.
Validity Period
TAN registration is a one-time process and is valid for a lifetime. There are no revalidation and expiration issues on TAN number apply online. However, you must apply for TAN registration again if you surrender your TAN.
Procedure For Tan Registration
There are two ways in which persons liable to deduct or collect tax at the source can apply for a TAN.
TAN card apply online mode
- Online registration for TAN number can be done by visiting in-nsdl.com, you need to fill out Form 49B for a TAN card apply online and submit it on the portal to get your Tax Deduction or Collection Account Number (TAN) or online registration for TAN number.
- There are two types of TAN card apply online applications. One is the application for a new online registration for TAN number (form 49B). This application form is used when you have never applied for a TAN registration or do not have a TAN number registration online.
- The second is for change or correction in the TAN card apply online data for the allocated TAN. This is to be used if you already have a TAN number apply online but need to make corrections to the information provided for the TAN registration.
TAN registration Offline mode
- Persons liable to collect or deduct tax at source must apply for allotment of TAN on Form 49B in duplicate. Form 49B is free and can be downloaded from tin-nsdl.com or incometaxindia.gov.in.
- This must also be submitted to any TIN-FC, i.e. TIN Facilitation Centres. You can search for facilitation centers near your location at tin-nsdl/tin-facilities.
- In addition, legible photocopies of Form 49B can also be used to apply for TAN.
- If the applicant is a company not registered under the Companies Act 2013, such application for allotment of TAN must be made on Form No. INC-32 (Open SPICe) as per Section 7(1) Companies Act for Incorporation companies.
Benefits Of Tan Registration
Required List Of Documents
The following listed documents must be submitted for the TAN card apply online:
FAQ's
Few doubts important to be resolved quickly
No, the TAN that is allocated for TDS (Tax Deduction at Source) can be used for TCS. In case no TAN has been allocated, TAN registration should be requested.
If TDS is required on all payments made, it is mandatory for all registrants to quote TAN. This TAN number apply online needs to be mentioned in every communication related to the tax department. A penalty fee of Rs 10,000 will be charged if this mention is omitted. Even banks will not accept TDS payments and refunds in case a TAN number apply online is not provided.
TAN card apply online is issued with lifetime validity. This means that it is a one-time process that will provide you with a valid number for an unlimited period. In case of any modifications and changes in the data, the Income Tax Department should be informed.
The TAN number registration online is usually delivered within 7-15 business days. This may vary subject to approval by the Government of India Office.
The company you signed up with will provide you with a tracking number that you can then use to track your mail.
