How to Apply for TAN? - Acknowledgment & Payment Details

Every firm or individual requires a TAN (Tax Deduction and Collection Account Number) to deduct TDS (Tax Deducted at Source) or TCS (Tax Collected at Source). TAN can be obtained by completing Form 49B.

Just like a PAN, a TAN is also a 10-digit alphanumeric number assigned by the Income Tax Department of India to a deductor or collector. TAN is an important document that serves as input for TCS/TDS deductions.

In this blog, we will understand how to apply for TAN, what documents are required, and more.

How To Apply For TAN?

A taxpayer can apply for TAN through Form 49B. It can also be filed online or in person by visiting the Income Tax Department of India.

However, here is the procedure to download and apply TAN for NRIs and Indian residents by filing Form 49A.

Step 1: Go to the official website of the TAN Information Network (TIN).

Step 2: Click on the “Online Application for TAN (Form 49B)”. This will direct you to another page.

Step 3: Review the guidelines, then select the deductor category from the drop-down menu. For instance, if you are applying for TAN for a company, then in the drop-down menu, select “Company.”

Step 4: Now, you must see Form 49B. Enter all the required details as per the instructions given on the page.

Step 5: Once you have entered all required information, click submit. Ensure you review all the details twice to eliminate any errors.

Step 6: You will now get an acknowledgment confirming the submission of your Form 49B to the Income Tax Department. The acknowledgment number will be 14 digits.

Step 7: Now, download the acknowledgment form and then sign it.

Step 8: Now, with the signed acknowledgment, please send all the documents to the address given below of NSDL's office.

Address:
Protean eGov Technologies Limited,
4th Floor, Sapphire Chambers,
Baner Road, Baner, Pune - 411045

To Apply Offline, the Process That Needs to Be Followed Is Mentioned Below

Step 1: Download Form 49B from the NSDL portal.

Step 2: Fill in all the relevant details.

Step 3: Tick the declaration stating that the information on the form provided is correct.

Step 4: Now, you have to sign the documents and specify the place and date.

Step 5: Now, get the documents attested by a magistrate or a gazetted officer.

Step 6: Now, review all the details and submit the form along with the documents to the nearest NSDL office.

Processing Fees for the TAN Application

The processing fee for the TAN application is Rs. 77 (Rs. 65 application charge plus 18% GST), plus applicable transaction charges, which are non-refundable if your application is rejected.

How to Know the TAN Details?

If an individual or entity needs to view their TAN details, they can do so on the e-filing portal by following the steps below.

Step 1: Visit the official income tax e-filing portal, then select “Know TAN details” from the quick links section.

Step 2: Next, under the name tab, select the deductor's category, then enter the state, mobile number, and name of the deductor.

Step 3: Click the Continue button, and then you will get an OTP for validation on the mobile number entered above. Enter the OTP and validate the process.

Step 4: Now, you will see a list of records that all match the name of the deductor. Click on the name of the deductor.

Step 5: Upon clicking, you will see the deductor's basic details and the assessing officer's details.

Structure Of TAN

The TAN (Tax Deduction and Collection Account Number) is a 10-digit alphanumeric code issued by the Income Tax Department of India. The structure of TAN is as follows:

• The first three characters of the TAN alphanumeric code represent the jurisdiction code.
• The fourth character represents the category of the deductor (for example, “P” for individual, “C” for company, etc.).
• The following five characters are numeric digits.
• The last character is an alphabet again.

Apply for TAN Hassle-Free With Savetaxs

TAN is a crucial, non-negotiable document for every person or entity responsible for deducting or collecting tax at source. However, the process for applying for TAN is relatively the same for NRIs and Indian residents, but there are slight variations in the required documents.

Savetaxs, as a leading firm, has been serving NRIs for decades for taxation purposes and more. Our experts bring over 30 years of experience to the table in Indian and foreign law, and with our unmatched professional expertise, Savetaxs clientele base speaks volumes for itself. If you also need help with your TAN application process, connect with us. Our experts will assist you throughout the entire application process, ensuring you receive your PAN. We are right there, assisting you in it all.