- TDS Computation, Payment & Filing
- Professional Tax Computation
- GST Computation, Payment & Filing
- Bank Reconciliation
- Accounts Receivable Management
- Accounts Payable Mangement
- Monthly MIS Reports
TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. Under Section 203A of the Income Tax Act, 1961, it is mandatory to quote Tax Deduction Account Number (TAN) allotted by the Income Tax Department (ITD) on all TDS returns.
To obtain TAN, an 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.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.
Linking the TDS Deduction with the Deductee’s PAN makes it easy to trace TDS transactions.
The TAN is mandatory for every business entity or an individual who is liable to deduct tax and remit the same to the government.
TDS Filing must be made for the Financial Year on a quarterly basis on or before the 15th day of July, October, January and May.
TAN is required to ensure we comply on the TDS payment and TDS Return Filing related aspects of your business.
All Deductions of TDS made by and on behalf of Entities or Individuals across India is Centralised and available on a single platform.
Once a TAN is allotted to an Entity/Individual, the same is valid for a lifetime or till the existence of Business Entity/ Individual as the case may be.
Fill Form 49B online and select payment mode to complete the form submission.
On successful submission of online application and payment (for online mode of payment), an Acknowledgement receipt is generated.
Save and take a print out of the acknowledgement receipt.
The duly signed acknowledgement receipt should be sent to the address below. Superscribe the envelope with ‘APPLICATION FOR TAN – Acknowledgment Number’ (e.g. ‘APPLICATION TAN – 88301020000244’). NSDL e-Governance Infrastructure Limited 5th Floor, Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune – 411 016
The 15 digit acknowledgement number appearing on the acknowledgement receipt can be used for tracking status of application.
Click Here to fill the online TAN Application https://tin.tin.nsdl.com/tan/index.html (this type of filling in page to be created along with drop down box for different types of applicants like in https://tin.tin.nsdl.com/tan/form49B.html ) In above link I have selected Company as the category for example. Details Required: Authorised Person Details Business Details Location Details
Obtain help of Professionals & Subject matter experts at CFO Affairs to understand the intricacies involved in the registration. We are more than happy to educate you and make your entity registration a hassle free process.
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