How to Get a TAN Number for a Company?

The tax deduction account number is a 10 digit alpha numeric number that is allotted to all the Persons/Employers who are responsible for deducting tax at source or collect tax at source on the behalf of income tax department. 

The TAN number is allotted by the income tax authorities to the applicant. As per section 203 A of the Income Tax Act 1961 it is mandatory for every tax deductor to quote the tax deduction number in all TDS returns and all other communication with the tax authorities and failure to do so will attract a penalty of Rs 10,000.

Structure of TAN number

TAN number is a 10 digit number. In which first 3 alphabets represent the jurisdiction code, the 4th alphabet is the initial of the name of the TAN holder who can be a company, firm, individual, etc further five numbers and the last digit makes the TAN number of every person unique.

Who can apply for TAN Registration?

The following legal bodies collecting TDS are responsible for obtaining TAN Number

• Central/state government or local authority.
• Statuary/ Autonomous body.
• Company
• Branch/Division of a company
• Individual/Hindu undivided family
• Branches of the individual business.
• Firm/ Association of persons.

Documents required for obtaining a TAN number

Following documents are required obtaining a TAN number-

• Applicant proof of identity.
• Applicant proof of identity.
• Form 49-B for filing application

How to apply for TAN

An application for TAN can be filed through online mode or offline mode.

Offline

Form 49B in duplicate shall be submitted to any TIN-FC to file an application for allotment of TAN. Addresses of TIN-FCs are available at NSDL-TIN website.

In the case of an applicant, being a company which has not been registered under the Companies Act, 2013, the application for allotment of Tax Deduction Account Number may be made in Form No INC-7.

Online

To initialize the process of obtaining TAN through online mode form-49B shall be filed.

1. The applicant is required to pay the fees of Rs 62 for filing the TAN application. The payment can be made by cash, cheque, demand draft or net banking.
2. After the successful payment, a 14 digit acknowledgment number will get generated. The applicant shall submit the duly signed acknowledgment along with the required documents to the NSDL within 15 days from the date of the online application.
3. After the documents and application are verified by NSDL, the TAN number will be communicated to the applicant.

Author: Dushyant Sharma

Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.