TAN Registration
We provide TAN Registration consulting services, which meet the client's needs and budgets completely. TAN means Tax Deduction and Collection Account Number. It contains a 10 digit alpha numeric number allotted by the Income Tax Department (ITD) on all TDS returns. TAN is required to be obtained by all persons who are responsible for deducting or collecting tax under Section 203A of the Income Tax Act. It is compulsory to quote TAN in TDS /TCS (Tax Collection at Source) return (including any e-TDS/TCS return), any TDS/TCS payment challan and TDS/TCS certificates. TAN should be quoted on all TDS challans, returns, certificates and quarterly statements. Tan Registration Procedure:Applicability: The procedure of TAN registration is necessary for all TAN holders. To make the process easier for deductors, the relaxing time is expected to be a span of 6 months, from the date of implementation. All deductors are estimated to complete their TAN registration before this period. Mandatory: The procedure runs for a span of about 6 months, during which it will be optional. But thereafter, it is mandatory for every TAN holder to quote their respective TAN registration number in all TDS/TCS correspondences. This includes all TDS/TCS statements, challans, etc. How to register? Once the system is in place, the TAN holder would be receiving an information letter to register their TAN at tm-India. The system is expected to be as under
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