Tan Registration Service in Purnea, Bihar

A 10 Digit Alphanumeric Number is called TAN Number and is used as an abbreviation for Tax Deduction and Collection Account Number. Every Assessee liable to deduct TDS is required to apply for a TAN No. and shall quote this number in all TDS Returns, TDS Payments and any other communication regarding TDS with the Income Tax Department.

As per Section 203A of the Income Tax Act 1961, it is mandatory for all assessee’s responsible to deduct TDS to quote this TAN Number in all communications regarding TDS with the Income Tax Department and failure to do so attracts a penalty of Rs. 10,000. TDS Returns and Payments would not be received by the Banks if TAN No. is not quoted.

There are two types of TAN applications:

• Application for issuance of new TAN (Form 49B)

This application form should be used when the deductor has never applied for a TAN or does not have a TAN.

• Form for Change or Correction in TAN data for TAN Allotted

Application Procedure

• An applicant will fill Form 49B online and submit the form. Deductor may either make an online application through TIN and submit physical TAN application to any TIN-Facilitation Center (TIN-FC) of NSDL
• If there are any errors, rectify and re-submit the form
• Confirmation screen with data filled by the applicant will be displayed
• Applicant may either edit or confirm the same

Acknowledgment

• On affirmation, an acknowledgment screen will be displayed. The acknowledgment consists of
• • A unique 14-digit acknowledgment number
  • Status of applicant
  • Name of applicant
  • Contact details (address, e-mail and telephone number)
  • Payment details
  • Space for signature

• Applicant shall save and print this acknowledgment
• Signature / left thumb impression should only be within the box provided in the acknowledgment. In case of applicants other than ‘Individuals’, authorised signatory shall sign the acknowledgment and affix appropriate seal or stamp
• Left hand thumb impression, if used, should be attested by a Magistrate or a Notary Public or Gazetted Officer, under official seal and stamp

Format of TAN

A TAN starts with the alphabets followed by the numerals and then ends with an alphabet. The first three letters denote the city and state of issuance, fourth letter is the first letter of tax deductor. This is followed by five numbers and the last letter makes the number unique which is different for everybody.

The provisions of Section 203A of the Income Tax Act, 1961 require all persons who deduct or collect tax at source to apply for the allotment of TAN. The section also makes it mandatory to quote TAN in all TDS / TCS / Annual Information Returns, payment challans and certificates to be issued. Deductor cannot file TDS / TCS statements and deposit challans for TDS / TCS payments in banks without TAN. Failure to apply for TAN or not quoting the same in the specified documents attracts a penalty of ` 10,000/-.

No major documents are required to be filed with the application for allotment of TAN. But, where the application is being made online, the acknowledgment which is generated after filling up the form will be required to be forwarded to National Securities Depository Limited (NSDL). Also, publicly a copy of PAN Card of the applicant and a copy of incorporation certificate (in case of a company) is submitted with the form.

nder the Income Tax Act,1961, every person making payment or crediting income of specified types to another person is required to deduct a specific proportion of amount payable/creditable at the time of making payment or giving credit, whichever is earlier and deposit the sum so deducted i.e. TDS. Prior to making any such deduction, every such person shall have to apply to the Assessing Officer for allotment of a tax deduction account number (TAN) under section 203A of the (IT) Act.

Any organization deducting tax at source is required to quote the TAN in the following documents:

• All challans while depositing the tax so deducted.
• All certificates issued against the tax deducted.
• All returns furnished in respect of tax deducted at source.
• All other documents pertaining to such transaction as may be prescribed.