Tan
Registration

TAN registration is the account number for a tax deduction and collection. TAN number apply online is an alphanumeric number comprised of ten digits. This figure must be achieved by the people responsible for withholding tax at the source or collecting tax at the start. It is mandatory to mention your TAN number registration online in TDS or TCS return, payment, certificates, annual information statement and other documents.

Any person whose taxes are deducted at the source or collects tax at the start must obtain a TAN registration. If a person fails to apply for TAN number registration online or fails to mention the TAN number in specified documents, he will be fined Rs 10,000.

STRUCTURE OF TAN

The first four digits of the TAN are alphabets, and the next 5 are numbers. The last digit is the alphabet. The first three alphabets of the TAN represent the jurisdiction code. The 4th alphabet is the initials of the TAN holder which can be either a company or a HUF. The following five characters are system-generated numbers, and the last character is a system-generated alphabet.

ELIGIBILITY FOR TAN REGISTRATION

The following individuals must apply for a tan number registration online or tan card apply online:

• Non-profits that make specific payments above the limit.
• Business branches making specific withdrawals above the limit
• Any individual or corporate body deducting tax from payment sources such as salaries. Exceeding Rs. 180,000 with certain exceptions.

There are two ways in which persons liable to deduct or collect tax at the source can apply for a TAN.

TAN card apply online mode

1. Online registration for TAN number can be done by visiting in-nsdl.com, you need to fill out Form 49B for a TAN card apply online and submit it on the portal to get your Tax Deduction or Collection Account Number (TAN) or online registration for TAN number.
2. There are two types of TAN card apply online applications. One is the application for a new online registration for TAN number (form 49B). This application form is used when you have never applied for a TAN registration or do not have a TAN number registration online.
3. The second is for change or correction in the TAN card apply online data for the allocated TAN. This is to be used if you already have a TAN number apply online but need to make corrections to the information provided for the TAN registration.

TAN registration Offline mode

1. Persons liable to collect or deduct tax at source must apply for allotment of TAN on Form 49B in duplicate. Form 49B is free and can be downloaded from tin-nsdl.com or incometaxindia.gov.in.
2. This must also be submitted to any TIN-FC, i.e. TIN Facilitation Centres. You can search for facilitation centers near your location at tin-nsdl/tin-facilities.
3. In addition, legible photocopies of Form 49B can also be used to apply for TAN.
4. If the applicant is a company not registered under the Companies Act 2013, such application for allotment of TAN must be made on Form No. INC-32 (Open SPICe) as per Section 7(1) Companies Act for Incorporation companies.

The following listed documents must be submitted for the TAN card apply online:

• Proof of registered office address
• Passport size photo as per specification
• PAN card of the company
• TAN application form
• Identify the proof of the company
• Legal documents like MOA, AOA, Partnership Agreement etc.

There are several benefits of TAN number apply online;

• When one files his TDS return using TAN, the payee's address and PIN are automatically filled in as per the guidelines of the Income Tax department, which offers complete transparency in tax cases.
• When TDS is filed with TAN number apply online, the reservation status is documented, which helps the reader track whether their return matches the TDS statement he filed.
• Different branches of several businesses may create a TAN application separately for other TANs for that particular division or department.
• Apart from filing TDS returns, the TAN number apply online for generating payment challans and TDS/TCS certificate invoices.