TAN (Tax Deduction and Collection Account Number) is a 10-digit alphanumeric identifier that must be obtained by all individuals responsible for deducting or collecting tax. It is mandatory to mention the TAN in various instances, including TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) returns, which encompasses e-TDS/TCS returns, TDS/TCS payment challans, and TDS/TCS certificates.
Individuals who are mandated to deduct tax at source or collect tax at source on behalf of the Income Tax Department must apply for and acquire a TAN (Tax Deduction and Collection Account Number).
TAN must be included in all TDS/TCS returns, TDS/TCS payment challans, and TDS/TCS certificates to be issued. TDS/TCS returns will not be accepted without the inclusion of TAN, and banks will not process challans for TDS/TCS payments that lack TAN. Neglecting to apply for TAN or omitting it from the designated documents results in a penalty of Rs. 10,000.
To request the allocation of a TAN (Tax Deduction and Collection Account Number), individuals should complete Form 49B and submit it to any of the TIN (Tax Information Network) Facilitation Centres designated for receiving e-TDS returns. The addresses of these TIN FCs can be found on the following websites:
• https://tin.tin.nsdl.com/tan/form49B.html
• https://www.incometaxindia.gov.in/Pages/tax-services.aspx
The Income Tax Department assigns TAN (Tax Deduction and Collection Account Number) based on applications submitted to TIN (Tax Information Network) Facilitation Centres, overseen by NSDL (National Securities Depository Limited). NSDL will notify the assigned TAN, which must be included in all subsequent communications related to TDS/TCS.
Certainly. The application can be completed online using the following link: https://tin.tin.nsdl.com/tan/form49B.html.
No documents need to be submitted along with the TAN allotment application. However, in cases where the application is submitted online, it is necessary to send the generated acknowledgment, which follows the completion of the form, to NSDL. Comprehensive instructions for this process can be found on the website at https://tin.nsdl.com.
The TIN (Tax Identification Number) Facilitation Centre will provide guidance to applicants in accurately completing Form 49B. However, they will not accept incomplete or deficient applications.
Individuals applying for TAN are required to pay a processing fee of Rs. 55/- plus applicable GST when submitting Form 49B at the TIN FC.
Absolutely not. TAN should never be used in the field where TAN itself is required to be quoted. It’s crucial to understand that PAN and TAN serve distinct purposes. TAN is a unique identifier assigned to individuals responsible for deducting or collecting tax on behalf of the Income Tax Department, while PAN is a unique number allotted to taxpayers, including individuals and companies, for their assessment.
If there are any modifications or rectifications required for the information linked to the newly issued 10-digit TAN or any reformatted TAN, the “Form for Change or Correction in TAN data” can be utilized for this purpose.
You can obtain a challan with a pre-printed TAN from the Income Tax Department’s website at www.incometaxindia.gov.in.
For assistance and inquiries related to TIN, you can reach out to the TIN Support Desk at the following address:
TIN Support Desk National Securities Depository Limited Trade World, ‘A’ Wing, 4th floor Kamala Mills Compound, Senapati Bapat Marg Lower Parel, Mumbai – 400 013 Phone: 022-2499 4650 (hunting) Fax: 022- 2495 0664 Email: tininfo@nsdl.co.in
