A Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric code required for businesses and organizations that deduct or collect tax at source. Without TAN, deductors cannot deposit TDS/TCS or file returns.
🔹 Why TAN is Needed
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Mandatory for deducting TDS or collecting TCS.
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Required for filing quarterly TDS/TCS returns.
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Quoted in Form 16/16A and challans.
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Non-compliance may attract penalties of ₹10,000.
🔹 Our Support
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New TAN registration with Income Tax Department.
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Correction or updating of existing TAN details.
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Advisory on linking TAN with PAN and compliance software.
FAQs
Q1. Can one PAN have multiple TANs? Yes, if business branches deduct TDS separately, they need separate TANs.
Q2. Is TAN required for individuals? Only if they are liable to deduct TDS.