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TAN Registration

The Tax Deduction and Collection Account Number (TAN) is an ingenious and unique, 10-digit alphanumeric code, which is allotted by the Income Tax Department of India, to all those people and companies who essentially require to deduct or collect tax at the source of income.

The tan registration is pre-requisite for every people, institution, company, and organization, which is involved in the financial transactions under the categories of consultancy fees, salaries to employees, contractual payments, taxable project finances, and so on. Thus, this tan registration is a significant regulation for businesses and companies of all sectors of economy. The deducted tax at source is then paid to the Income Tax Department later on.

Our organization well-connected and prominent worldwide for punctilious and gratifying services to almost all sectors, essentially offers elegant and secured services for tan registration, including online tan registration in India.

Need Of TAN Registration

All those persons and entities of India who are required for deducting or collecting tax at source, essentially need to make their tan registration with the Income Tax Department (ITD) of India. These Deductors/Collectors are required to furnish a quarterly TDS/TCS statement in conformity with the rules and guidelines of the ITD. Also, it has been made mandatory to quote TAN on all TDS/TCS returns, all TDS/TCS payment Challan, or on all TDS/TCS certificates, issued by the deductors or collectors.

The Income Tax Department of India advises all Deductors/Collectors to make TAN registration online at the Tax Information Network (TIN) website (www.tin-nsdl.com), in order to create a fully authenticated login (TAN Account). Such tan registration provides to each of them, a User ID and Password for authenticated process. The following lavish facilities are provided under such login:

  • The online generation of Form-16A in PDF Format, for a maximum of 10 selected PANs at a time.
  • Request for online consolidated TDS/TCS file, for making correction statement
  • Uploading of Form-15CA records
  • Downloading of default details generated by ITD
  • Updating TAN Account contact details

TAN Registration Fees and Procedure

The tan registration procedure is similar to the procedure followed for the PAN registration in India. The online tan registration at the TIN website is recommended by the Income Tax Department (ITD) of India.

For a tan registration, the applicant has to get the prescribed tan registration form (Form-49B) from any of the Tax Information Network Facilitation Centres (TIN-FCs) of the country which are well-managed by the NSDL. Then, this carefully filled-in tan application form is to be submitted back to the TIN-FC. The processing fee for this online tan registration is just Rs. 55/- (inclusive of service tax at the rate of 10.20%).

This tan registration application is then digitized by the NSDL (National Securities Depository Limited), and forwarded to the ITD of India, like the PAN applications. The ITD will then issue the required TAN with online intimation about this to the NSDL. On receipt of this, the NSDL will issue the TAN letter for the applicant.