Lifetime Validity TAN (Tax Deduction and Collection Account Number) is valid for the lifetime of the entity or individual to whom it is allotted. There is no expiry date, renewal requirement, or periodic revalidation needed under the Income Tax Act. It remains active...

Not a Substitute for PAN TAN (Tax Deduction and Collection Account Number) is only meant for TDS and TCS purposes and cannot replace PAN. It does not allow businesses to file income tax returns, apply for refunds, or perform general tax-related transactions that...

Application Fee for New TAN The government charges a one-time application fee for issuing a new TAN. As of the latest guidelines, the fee is ₹65 (₹55 as application charge + ₹10 GST). This fee is applicable whether the application is made online or offline. Mode of...

Obtaining and Maintaining TAN Any person or entity required to deduct or collect tax at source must apply for TAN before initiating such transactions. TAN must be used consistently in all TDS/TCS-related filings and communications with the Income Tax Department. There...

Ensures Accurate TDS Credit to Deductees TAN is used by the deductor (employer, business, or payer) while filing TDS returns and depositing tax. If the deductor quotes the correct TAN and deductee's PAN, the deducted tax is reflected properly in Form 26AS of the...

Deduct or Collect Tax at Source The primary responsibility of a TAN holder is to deduct tax at source (TDS) or collect tax at source (TCS) as per the provisions of the Income Tax Act. This applies to payments such as salaries, contractor fees, rent, professional...

Verification of TDS and TCS Compliance During financial auditing, TAN is used to verify that the entity has complied with tax deduction and collection requirements. Auditors review whether TDS/TCS has been properly deducted, deposited, and reported using the correct...

Start Using TAN in All TDS/TCS Transactions Once TAN is allotted, it must be quoted in all tax deduction or collection activities. Use the TAN for: Filing TDS/TCS returns (Forms 24Q, 26Q, 27Q, 27EQ) Making TDS/TCS payments using Challan 281 Issuing TDS certificates...

Review TAN Allotment Letter The most direct way to find the TAN allotment date is by referring to the original TAN allotment letter issued by the Income Tax Department. This letter includes the TAN, the name of the applicant, and the exact date on which the TAN was...

Unique Tax Identification for Deductors The TAN (Tax Deduction and Collection Account Number) of a company is a 10-character alphanumeric code issued by the Income Tax Department of India. It serves as a unique identifier for the company when it is responsible for...