TAN registration is required for making tax deduction or tax collection at source, remittance of TDS payments and issuance of TDS certificates. MAANOF offers TAN registration from Rs.999/-
TAN Registration
TAN or Tax Deduction and Collection Number (TAN) is a 10 digit Alpha Numeric number compulsorily required to be obtained by any person who is liable to deduction, collection and payment of TDS or TCS to and on behalf of government.
TDS system ensures on the part of govt that tax collection process is expedited and responsibility of paying the tax is diversified. The person required to deduct the tax as per the law is compulsorily required to deposit it with the govt of India along with issuing a TDS certificate to the deductee as a proof of collection of Tax.
To obtain TAN, an application is to be made in form 49B along with the required supporting documents. Based on the application the TAN will be allotted and the holder of TAN must quote it in all TDS/TCS returns, challans & Certificates.