Home
Sample Document
E-TAN, issued by NSDL, is a unique 10-digit alphanumeric number that holds the same validity as the physical version. It is assigned to entities required to deduct or collect tax at the source, such as employers, businesses, and individuals responsible for making specified payments subject to tax deduction at source (TDS) or tax collection at source (TCS).
Sample Document
E-TAN, issued by NSDL, is a unique 10-digit alphanumeric number that holds the same validity as the physical version. It is assigned to entities required to deduct or collect tax at the source, such as employers, businesses, and individuals responsible for making specified payments subject to tax deduction at source (TDS) or tax collection at source (TCS).
TAN or Tax Deduction and Collection Account Number is a unique 10-digit alphanumeric code issued by the Income Tax Department for tracking tax deducted at source (TDS) and tax collected at source (TCS) by entities, under the Income Tax Act, 1961.
Under Section 203A of the Income Tax Department, It is required by all entities including individuals, companies, firms, etc. which are liable to deduct or collect tax at source.
TAN is a 10-Digit alphanumeric number where each character denotes either the jurisdiction or acts as an unique identifier. Here is the typical format:
ABC D 12345 E
In the above example-
If the TAN does not adhere to the structure outlined above, it will be considered invalid.
For newly incorporated entities, the e-TAN is issued upon the submission of the exhaustive forms like SPICe+ Part A and Part B. The Certificate of Incorporation, containing the 10-digit TAN, is then provided via email as confirmation of the successful company registration process.
TIN or Tax Information Network is a framework established by National Securities Depository Limited to facilitate the electronic processing of tax-related information and the issuance of Permanent Account Numbers (PAN) and Tax Deduction and Collection Number (TAN) in India.
To apply for TAN online, follow these steps:
Register your Private Limited Company in just ₹1,499 + Govt. Fee
* Effective 15th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.
Once assigned, a TAN remains valid indefinitely and does not expire. This means that there is no need for renewal or reapplication for a TAN once it has been obtained.
If applied through SPICe+, the cost incurred for the TAN is covered under the Part B application fees.
The fee for processing a TAN application through NSDL is Rs. 77 ( Rs. 65 application charge + 18 % Goods & Services Tax). The payment can be made through multiple methods like Demand Draft, Cheque, Card, Net Banking, etc.
It is mandatory to apply for TAN and quote it on all future TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) returns. Failure to obtain TAN when required can result in a penalty fine of Rs.10,000 under the Income Tax Act.
Yes, you can check the status of your TAN application on the NSDL website using the acknowledgment number provided during the application process.
No, a person or entity should have only one TAN as possessing multiple TANs is against the law and can attract a penalty.
Yes, TAN and PAN are different. TAN is specifically for entities deducting or collecting tax at the source, while PAN is a unique identification number for individuals and entities for tax purposes.
Rize.Start
Hassle free company registration through Razorpay Rize
Make your business ready to scale. Become an incorporated company through Razorpay Rize.
View our wall of love
Hassle free company registration
through Razorpay Rize
1
Register
2
Submit documents online
3
Get registered super fast