Procedure of Acquiring a TAN Number for a Company

Procedure of Acquiring a TAN Number for a Company

TAN or Tax Deduction and Collection Account Number is a one of a kind 10 digit alpha numeric number required to be acquired by all people who are in charge of deducting or gathering the duty. Area 203A of the Income Tax Act, 1961, orders citing of TAN allocated by the Income Tax Department (ITD) on all TDS returns.

On the off chance that any individual neglects to apply for TAN number or statement the TAN or statements off base TAN a punishment of Rs. 10,000 might be demanded.

Structure of the TAN

The right structure of TAN is as said beneath:

TAN structure is as per the following: ABBBB89899C

The initial three characters speak to the city or state where the TAN was issued.

The fourth character of the TAN is the underlying letter of the duty deductor. Which Means name of the Tax Deductor begins with this letter.

Next five characters are framework created numeric Numbers.

The last character is Alphabetic Number which is otherwise called check digit which is additionally framework created.

Strategy for Obtaining a Valid TAN number

Extensively there are two methods of getting a legitimate TAN -

Disconnected Mode-An application for designation of TAN should be made in copy in Form No. 49B at any TIN Facilitation Centers (TIN-FC). Be that as it may, on account of a candidate, being an organization which has not been enlisted under the Companies Act, 2013, the application for portion of Tax Deduction Account Number might be made in Form No INC-7.

Online mode-The application for TIN apportioning can be made through online mode by recording structure 49B on the official site NSDL. Subsequent to documenting the shape the candidate is required to pay the charges of Rs 62 for recording the TAN application. The installment can be made with money, check, request draft or net managing an account. When the fruitful installment is made, a 14 digit affirmation number will get produced. The candidate might present the properly marked affirmation alongside the expected records to the NSDL inside 15 days from the date of the online application. After the reports and application are checked by NSDL, the TAN number will be imparted to the candidate.


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