TAN Registration
What is the PAN Card Registration?
TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. Under Section 203A of the Income Tax Act, 1961, it is mandatory to quote Tax Deduction Account Number (TAN) allotted by the Income Tax Department (ITD) on all TDS returns.
Since last few years ITD has revised the structure of TAN. It is a unique 10 digit alphanumeric code. Accordingly, they have issued TAN in this new format to all existing TAN holders.
What is TAN Registration Number or TDS Registration?
Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number. The number is required to be quoted on all TDS returns under Section 203A of the Income Tax Act, 1961. The TAN number is needed to be obtained by all those persons
who are responsible for deducting and collecting taxes?
Tan's surface is with the end goal that its number is dictated by ANBA99999B. In which the initial four numbers are given as letters and five digits after that and the last number is additionally a letter.
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Clarifies a specific character of each number written in Tan. From where the tan is discharged, the name of the initial three letters shows the name of the city or state and the fourth letter demonstrates the primary letter of your name. Utilization of TAN Number:
- TAN is utilized for deductions like salary, intrigue, profit, and so on.
- It can be utilized for returns, challans and certificates.
- It auto-catches finish address of the individual who deducts tax in the interest of the IT office. It additionally catches the Postal Index Number recorded with Income Tax Department.
- On the off chance that a man has more than one TAN, it is unlawful. Be that as it may, diverse branches or divisions of a collector can apply for separate TAN for each branch or division.
