What is TAN (Tax Deduction Account Number) ?
TAN is an 10 digit alpha-numeric number allotted to the Tax Deductors. This number is required to be quoted in all TDS returns or payments. Assessees which/ who are responsible for tax deduction at source (TDS) are required to apply for TAN.
Structure of TAN is XXXX00000X where X is alphabetic character and 0 is numeric character.
First three character represents the city/ state where it has been applied.
Next letter represents first letter of the name of the company.
Next four digits and last letter is randomly generated.
Structure of TAN |
How to Apply for TAN?
TAN application process is available in both online and offline mode. It is also time bound process. Within 15 days, one can get TAN easily. TAN is required by persons who/which are deducting TDS.
TAN can be applied using Form 49B. Instructions are given here.
Income tax dept. has authorised NSDL (National Securities Depository Limited) to provide the services of TAN application processing.
Offline Process: Fill up the form, attach ID and address proof as mentioned in the form itself. After that, visit to their one of the centers (centers list available on NSDL website) to submit the form with the fees (which is currently approx. INR 62 for delivery). After 15 days, TAN will be delivered to the address mentioned by you on form.
Online Process: Visit the website of NSDL and click on apply online after selecting appropriate deductor category. You need to fill up the form online and need to pay fees online (Currently INR 63 for delivery of TAN). Payment modes currently available are Credit Card, Debit Card, Net Banking, Demand Draft and Cheque. Take the print out of the form and attach the ID and address proof as mentioned in the form itself. After that, you need to send this form via courier, speed post, etc. to their office. After 15 days, TAN will be delivered to the address mentioned by you on form
** Please check the NSDL website for updated application form and fees.