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TAN Registration

TAN or Tax Deduction and Collection Account Number is a unique ten-digit alphanumeric 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 the Tax Deduction Account Number (TAN) allotted by the Income Tax Department on all TDS statements.

To facilitate deductors to find their new TAN, the Income-tax Department has now introduced a search facility on their website (www.incometaxindia.gov.in).

 
 

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    Every person liable to deduct tax at source or collect tax at source is required to obtain TAN. However, a person required to deduct tax under section 194IA or section 194-IB or section 194 M can use PAN in place of TAN as such person is not required to obtain TAN.

    1. Section 194-IA provides for deduction of tax at source from payment on transfer of certain immovable property other than agricultural land.
    2. Section 194-IB provides for deduction of tax at source at the rate of 5% from payment of rent. The tax shall be deducted if the rent paid or payable exceeds Rs. 50,000 per month or part of the month. This provision applies to individuals and HUF, who are not liable to tax audit under Section 44AB in the immediately preceding financial year.
    3. Section 194 M provide for deduction of tax at source at the rate of 5% on the sum paid or credited, to a resident, on account of contractual work, commission brokerage or professional fees, by an individual or a HUF, if the aggregate of such sum exceeds Rs. 50 lakhs in a financial year. This provision applies to individuals and HUF, who are not covered under section 194C, section 194H and section 194J.

    Documents that need to accompany the TAN application?

    No documents are required to be accompanied with Form 49Bi.e. the application for allotment of TAN. However, where the application is being made online, the acknowledgement which is generated after online filling up the form will be required to be forwarded to NSDL. Detailed guidelines for the submission of application are available at https://www.tin-nsdl.com

     

    Who will allot TAN?

    TAN is allotted by the Income Tax Department based on the application submitted to TIN Facilitation Centres (TIN-FC) managed by NSDL. NSDL will intimate the TAN which will be required to be mentioned in all future correspondence relating to TDS/TCS.

    Why is it necessary to have TAN?

    As per section 203A of the Income-tax Act, 1961, every person who deducts or collects tax at source has to apply for the allotment of TAN. Section 203A also makes it mandatory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), any TDS/TCS payment challan, TDS/TCS certificates and other documents as may be prescribed. As per section 272BB, failure to apply for TAN or not quoting the TAN in the specified documents attracts a penalty of Rs. 10,000/-.

    How to apply for TAN?

    There are two modes for applying for TAN :

    (1)   Online mode and

    (ii) Offline mode, they are as follows:

    OFFLINE— An application for allotment of TAN is to be filed in Form 49B in duplicate and submitted to any TIN Facilitation Centres (TIN-FC). Addresses of TIN-FCs are available at the NSDL-TIN website (https://www.tin-nsdl.com).

    In case of an applicant, being a company that has not been registered under the Companies Act, 2013, the application for allotment of Tax Deduction Account Number may be made in Form No. SPICe (INC-32) specified under sub-section (1) of section 7 of the said Act for incorporation of the company.​

    ONLINE—  Online applications for TAN can be made from the NSDL-TIN website.

    Addresses of the TIN FC are available at www.incometaxindia.gov.in or https://www.tin-nsdl.com.

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