Tax Collection Account Number - TAN
TAN APPLICATION
What is TAN Number:-
TAN or the Tax Deduction Number is 10-digit alpha-numberic number to be obtained by person who are responsible for deducting tax at source.
Persons are required to deduct tax at the source while making certain payments like the salary, contractor, rent, professional etc. as per income tax rules.
Persons who have TDS Number and have deposited TDS amount, have to file the TDS returns quarterly in Form 24Q, 26Q and 27Q.
Person who is required to deducted TDS as per income tax rules, can apply it online or through NSDL by submitting application with requisite papers.
REQUIRED DOCUMENTS:
For individuals earning income from salaries, one house property, interest income, agriculture, other sources, etc.
For Individuals and HUFs having income other than from profits and gains of business or profession.
For individuals and HUF with income from business or profession and other income
For Individuals, HUFs, and Firms (other than LLP) having presumptive business income which is computed under sections 44AD, 44ADA, or 44AE.
For Firms, LLP, AOP, BOI and other Artificial Judicial Persons other than,- (i) individual, (ii) HUF, (iii) company, and (iv) person filing Form ITR-7
All companies except those that claim tax exemption as per Section 11.
Person incl. companies required to furnish returns u/s 139(4A),(4B),(4C),(4D) only i.e. for Charitable or Religious Purposes.
Reply of Income Tax Notice
INCOME TAX REFUND
Income Tax Planning
Tax Savings under Income Tax
The buyer of the property means the deductor, is required to deduct TDS from the consideration payable to the seller. This is required if the transact ...
TDS returns are filed by employers or organizations who have a valid Tax Collection and Deduction Number (TAN) and who has deducted tax at source and ...