TAN is Tax deduction and Collection Account Number, it is linked on the PAN of the entity, it is required to deduct and file TDS Returns online, it is generated online using application form number 49B on the portal of TIN-NSDL or UTITSL.
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TAN is a 10 digit alpha-numeric number, is Tax Deduction and Collection Account Number. Every entity or person who use to deduct TDS (Tax deducted at Source) need to obtain a Tax Deduction Account Number commonly known as TAN, and every entity or person who use to collect TCS (Tax Collected at Source) need to obtain Tax Collection Account Number known as TAN. Thus, TAN serve both the purposes and it is used for Tax Deducted and Collected at Source.
Application to obtain this Tax deduction number can be made through online and offline mode. In online mode application is made online through the platform of NSDL (National Securities Depository Limited) can be accessed on tin-nsdl.com. All the new application for Tax deduction or collection account number can be made in online FORM 49B. In offline mode application in FORM 49B need to be downloaded from NSDL portal and after filing it properly along with attached documents, it require to post it through ordinary post or courier to the office of NSDL for further processing.
In order to obtain tax deduction and collection account number, there is requirement of having a valid PAN, it is generated by linking it with the PAN of the entity / individual sough for the application of Tax deduction and collection account number.
TAN application is made for the following category of deductors:
- Central Government (CG) / State Government (SG) / Local Authority.
- Statutory / Autonomous Bodies
- Company including Branch or division of the Company
- Individual / Hindu Undivided Family (HUF) including branch or division of Individual / Hindu Undivided Family (HUF)
- Firms / Association of Person (AoP) / Body of Individual (BoI) / Trusts / Artificial Juridical Person
- Branch / Division of Firms / Association of Person (AoP) / Body of Individual (BoI) / Trusts / Artificial Juridical Person
Through online mode user can submit the application using Digital Signature Authentication. For offline mechanism, user needs to send properly filled application in FORM 49B along-with supporting documents on the official address of NSDL.
Changes / Correction / Reprint of Tax deduction or collection account number
Post generate of Tax deduction and collection account number, if there is any change in organization structure or any other change then user need to file for Changes / Correction in data through both online and offline mode. Online mode to file application for Changes / correction in data can be accessed from tin-nsdl.com, user can file it using Digital Signature Authentication. For offline mode application form for changes or correction in data need to be send through ordinary post or courier to the office of NSDL along-with necessary documents evidencing the requirement of change / correction in Tax deduction or collection account number data.
After filing application for changes / correction in Tax Deduction or Collection Account Number, NSDL will authenticate the application form and will consider the change / correction in Tax Deduction or Collection Account Number data, original TAN/TCS number allotted will remain the same only the relevant data on which Tax deduction or collection account number is embedded such as address, contact details will got changed.
Tax Deduction or Collection Account Number Verification for all active numbers can be accessed from income tax portal. Verification is done to ascertain regarding the authenticity of TAN of the user, sometime many corporate or other entity can perform TAN/TCS verification before initiating any transaction with the user.
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