What is a TAN?
TAN stands for Tax Deduction and Collection Account Number. It is a 10-character code of letters and numbers issued by the Income Tax Department to a person or business who must deduct tax at source (TDS) or collect tax at source (TCS).
If your business pays salary, rent, professional fees, contractor charges or interest above the set limits, you may have to cut tax from that payment and deposit it with the government. TAN is the number you must use for this work.
CA Arpit Gupta helps businesses apply for a new TAN, correct their TAN details and complete TDS filings after getting the TAN.
Why is TAN Important for a Business?
TAN must be quoted in all papers related to TDS and TCS. Without it, you cannot deposit TDS or file the TDS return properly.
TAN is needed in:
- TDS and TCS payment challans
- TDS and TCS quarterly returns
- TDS certificates such as Form 16 and Form 16A
- Other documents related to tax deducted at source
Who Needs a TAN?
You need a TAN if you are required to deduct or collect tax at source. This includes:
- Private Limited Companies and Public Limited Companies
- LLPs and partnership firms
- Employers who pay salary to staff
- Businesses paying rent, professional fees, commission or contractor charges above the limit
- Trusts, societies and associations that make such payments
- Government offices that deduct tax
- Sellers who collect TCS on certain sales
What Does a TAN Look Like?
A TAN has 10 characters, such as ABCD12345E.
| Part |
What It Means |
|
First 4 letters
|
Letters based on the city or jurisdiction and the first letter of the name of the deductor
|
|
Next 5 digits
|
A serial number
|
|
Last letter
|
A check letter
|
Which Form is Used for TAN Application?
Form 49B is used to apply for a new TAN and also to make changes or corrections in an existing TAN. The application is made online through the authorised agencies, NSDL (Protean) and UTIITSL.
What Details and Documents Are Needed for a TAN Application?
Form 49B usually does not need documents to be attached. But you must fill the correct details, so keep these ready:
- Name of the entity as per registration
- PAN of the entity
- Certificate of Incorporation or registration proof
- Address of the office where TDS will be handled
- Name, designation and details of the person responsible for deducting tax
- Email ID and mobile number
- Category of the deductor (company, firm, LLP, trust, government and so on)
- Details of the Assessing Officer for the area, which we help you find
How Does the TAN Application Process Work?
- Call or WhatsApp us on +91-7081220600
- Tell us your entity type and why you need TAN
- Share the basic details such as PAN, name and address
- We check if you already have a TAN, so you do not apply twice
- We fill Form 49B online with correct details
- The fee is paid online
- You receive an acknowledgement number after submission
- We track the application
- TAN is allotted and sent to you by email, along with a physical letter where applicable
What Happens If a Business Does Not Get or Quote a TAN?
- Penalty: A penalty of ₹10,000 can be charged for not applying for TAN when required, or for not quoting it in the right place
- Returns cannot be filed: TDS returns need a valid TAN
- Late fee on TDS returns: A fee applies for every day of delay in filing
- Interest: Interest is charged for late deduction or late deposit of TDS
- Disallowance of expenses: In some cases, a part of the expense can be disallowed if TDS is not deducted or deposited
- Notices: The department can send notices for non-compliance
Applying on time costs much less than facing these results.
How Can You Correct or Update Your TAN Details?
You can request a correction for:
- Name of the deductor
- Address or contact details
- Category of the deductor
- Details of the person responsible
- Spelling errors
The correction is made through Form 49B using the correction option. The TAN code remains the same. If your TAN is lost, we help you find it on the Income Tax portal using your name or PAN, and help you get a new copy of the allotment letter.
Why Choose CA Arpit Gupta for TAN Application?
- Check before apply: We confirm if you really need a TAN and if you already have one
- Correct filing: Details are matched with your PAN and registration records
- Fast process: We start as soon as you send the details
- TDS support after TAN: Monthly deposit, quarterly returns and Form 16 and 16A
- One CA for all needs: Income Tax, GST, ROC and accounts in one place
- Plain language: We explain the process and dates in a simple way
- Easy contact: Call or WhatsApp +91-7081220600
Get Your TAN Today with CA Arpit Gupta
Do not wait for a notice or a late fee. Share your details with CA Arpit Gupta, and we will complete your TAN application and help you with TDS filing as well.
Call or WhatsApp CA Arpit Gupta at: +91-7081220600.
