TAN Registration


Any entity or individual that is required to deduct taxes at source while making specific payments such as salary, rent etc need to first obtain TAN number, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alphanumeric number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961. The number is used in all TDS/TCS returns, TDS/TCS payment challan and all TDS/TCS Certificates.

Docs Required:

TAN Form
Address Proof
MOA/AOA , partnership Deed (if any)
Pan Copy

Provision Enacted

For the Compliance of TDS and TCS Provisions  TAN Number is the first step. Every person responsible for deduction or collection of tax shall apply for Tax Deduction and Collection Account Number in Form No. 49B

However, Person who are liable to deduct tax under section 194IA or 194IB are not required to apply for Tax Deduction and Collection Account Number.

 The Compliance of TDS and TCS provisions is one of the important aspects for every business. However, it is also a tricky issue since there are so many provisions and also due to frequent insertion of new provisions. Non Compliance with these provisions leads to payment of Interest, Late Filing Fee, Penalties and also punishable with imprisonment. Hence, it is advisable to comply with these provisions within the due dates specified. Chapter XVII of the Income Tax Act, 1961 contains the provisions related to TDS and TCS.

Quarterly Statements (TDS Returns)

Every person responsible for Deduction or Collection of tax shall file quarterly statement as follows:

If tax deducted u/s.192 of the Act – Form No. 24Q
If tax deducted u/s. 193 to 196D of the Act:
If deductee is Resident – Form No. 26Q
If deductee is Non Resident – Form No. 27Q
If tax deducted u/s.194IA of the Act – Form No. 26QB
If tax deducted u/s.194IB of the Act – Form No. 26QC
If tax collected u/s.206C of the Act – Form No. 27EQ

The Quarterly Statements for Tax deducted at Source shall be filed on or before the Due dates:

Late Filing Fees for not filing Quarterly Statements:

Where a person fails to deliver or cause to be delivered a statement within the due date he shall be liable to pay, by way of fee, a sum of

Two hundred rupees for every day during which the failure continues
Amount of tax deductible or collectible, as the case may be, whichever is lower.

CA Desk is a team of highly professional CA, CS, Lawyers who driving towards the integration of technology with traditional practices to cater to the need of MSMEs in the fast-moving and cost-effective world.

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