New Delhi: TAN, which stands for Tax Deduction and Collection Account Number, is a 10-digit alphanumeric identifier issued by the Income Tax Department. It is mandatory for anyone involved in collecting or deducting tax at source (TCS and TDS). Individuals who are responsible for deducting TDS or are required to collect TCS must obtain a TAN.
Acquiring a TAN number is necessary for filing TCS, TDS, or any other IT returns. Failure to provide the TAN number while filing IT returns can result in penalties. Therefore, it is essential to apply for your Tax Deduction and Collection Account Number as soon as possible.
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Steps To Know Your TAN:
Step 1: Logon to ‘e-Filing’ Portal https://www.incometax.gov.in/iec/foportal.
Step 2: Click on the ‘Know Your TAN’ hyperlink from the ‘Quick Links’ Section
Step 3: TAN Search can be performed based on Name or TAN.
Step 4: Choose the ‘Category of Deductor’ and ‘State’ from the dropdown (if applicable)
Step 5: Enter the ‘Name’ or ‘TAN’ as applicable and enter the ‘Mobile Number’
Step 6: Click ‘Continue’ to receive the OTP in the entered mobile number.
Step 7: Enter the OTP and click on the ‘Validate’ button to view the TAN details
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How To Apply For TAN?
There are two methods for applying for TAN:
Offline: To apply for a TAN, you need to fill out Form 49B in duplicate and submit it to any TIN-FC. The addresses of TIN FCs can be found on the Protean (formerly NSDL eGov) TIN website.
Online: Alternatively, you can apply for a TAN online through the Protean (formerly NSDL eGov) TIN website.
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Who Can Apply For TAN?
Those who need to pay salaries or commissions to others are required to have a TAN. This encompasses entities such as central or state governments, local authorities, statutory or autonomous bodies, companies, branches or divisions of companies, individuals, Hindu Undivided Families (HUFs), sole proprietors, firms, associations of persons, or trusts.
