TAN Registration

TAN or Tax Deduction and Collection Number

TAN Registration


TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. Tax deducted at source (TDS) ensures that the Government’s collection of tax is proponed and the responsibility for paying tax is diversified. The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government – quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source. However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc. On deducting tax at source, the entity registered for TAN will issue a TDS Certificate as proof of collection of tax.

To obtain TAN, application must be made for allotment of TAN in Form 49B along with the required supporting documents. Based on the application, the TAN will be allotted to the entity and the entity must quote the TAN in all TDS/TCS returns, TDS/TCS payment challans and all TDS/TCS Certificates. Adroit Corporation can help you obtain your TAN registration quickly and hassle-fee. Adroit Corporation is an authorized TAN Facilitation Center.

TAN Registration Process


1. TAN Registration
Adroit Corporation Pvt. Ltd can help your business obtain TAN Registration in 7 to 12 days, subject to Government processing time.
2. Application Preparation
An Adroit Corporation Pvt. Ltd Tax Expert will prepare your TAN Application and obtain your signature in the format along with the necessary supporting documents.
3. Application Processing
Once the application is prepared, Adroit Corporation Pvt. Ltd will submit the TAN Application to the Tax Department. Adroit Corporation Pvt. Ltd is a TAN Facilitation Center.
4. TAN Allotment
Once the application and the attached supporting documents are verified, the Tax Department will allot a TAN Number for your business.
Advantages
Tax deduction Account Number
PAN is a 10 character alpha-numeric code issued by the Income Tax Department for persons responsible for deducting or collecting tax at source. All most all for-profit entities and not-for-profit entities are required to obtain TAN.
Proprietorship Require TAN
Salaried individuals are not required to deduct tax at source. However, individuals running a proprietorship are required to obtain TAN and deduct tax at source when required.
Validity
Once a TAN is issued, it is valid for lifetime. However, TDS Filings must be made quarterly on the 15th day of July, October, January and May. Non-filing of TDS filings within the due date will attract a penalty.

TDS Payments
Tax Deducted at Source must be paid into authorized bank, quoting the TAN and using Challan 281. TDS during the preceding month must be paid before the 7th day of the following month.
TAN Facilitation Center
Adroit Corporation is a authorized TAN facilitation center. Therefore, Adroit Corporation can help you obtain TAN hassle-free and quickly. Just send the TAN application along with the supporting documents and we will help you get your TAN quickly.
Quick Processing
TAN can be obtained in 5-10 working days from the time of submission of application with the required documents. The application must be submitted in hard format along with self-attested copy of address and identity proof of the applicant.

FAQ


What is TAN?
Why is TAN required?
Who must obtain TAN?
What Documents required for obtaining TAN?
Can I use PAN instead of TAN?
At what rate should Tax be deducted at source?