Monday, February 2, 2015

what is tan

Every deductor is required to obtain a unique identification number called TAN (Tax Deduction Account Number) which is a ten digit alpha numeric number. This number has to be quoted by the deductor in every correspondence related to TDS.

 Procedure for getting TAN :

It can be obtained by filing an application in form no. 49B to any of the TIN facilitation Centres (TIN-FC) namely NSDL. Addresses of the TIN-FC as well as the forms can be downloaded from the website http://www.incometaxindia.gov.in/Pages/default.aspx orhttp://tin-nsdl.com/. The fee for processing TAN application is Rs.  60/-. This can be paid by:

▬   Cash at TIN-FC counter

▬   Demand draft or

▬   Cheque or

▬   Credit card

The demand draft/ cheque shall be in favour of 'NSDL-TIN'.

TAN number will be communicated to the deductor by NSDL.

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