TAN

In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit [9427583067] number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.

TAN stands for Tax Deduction Account Number. TAN is to be obtained by the person responsible to deduct tax, i.e., the deductor. In all the documents relating to TDS and all the correspondence with the Income-tax Department relating to TDS one has to quote his TAN. It is mandatory to quote TAN on all TDS (Tax Deduction at Source) returns (including e-TDS return) or any TDS payment challan.

 Who should Apply for TAN

This covers what all legal bodies should have TAN. In general if you are paying a salary or a commission to any individual you can/should have TAN

•             Central/State Government/Local Authority

•             Statutory/ Automomous Bodies

•             Company

•             Branch/Division of a Company

•             Individual/ Hindu Undivided Family(karta)

•             Branches of Individual Business(Sole Proprietorship

•             Firm/ Association of Persons/Trusts

Adhimukti Associates receive TAN Application / TDS Filling and Uploading  through Franchaise from NSDL. Where is Branch Code-15270.