TAN Registration

TAN refers to the Tax Deduction Account Number. It is mandatory for all assesses required to deduct TDS (Tax deducted at source) on transactions, remittance of TDS payments and issuance of TDS certificates. It’s a 10-character alphanumeric Identifier.

Companies can obtain PAN or TAN Registration within a day if they submit the Digital Signature Certificate based application, thereby ease of doing business. Through a valid online application, the allotment of PAN and TAN can take place within one day. Salaried persons are not required to deduct tax at source. Individuals running a proprietorship are needed to obtain TAN and deduct tax at source when required.

TAN Registration can be obtained by filing the application Form 49B online. The Rectification must be done if any errors occur in filing and the form should be resubmitted. An acknowledgement will appear on confirmation which contains a 14 digits unique acknowledgement number. On saving and printing the acknowledgement, the applicant must affix two colored photographs with white background. Finally, the acknowledgement  must be signed and to be send for further process.