by Audit Analyst | Dec 23, 2025 | TAN
TAN Registration and Portal Setup Ensure that the TAN is valid and registered with the Income Tax e-filing portal. Create a user profile on the TRACES portal using the TAN for accessing TDS tools and services. Update contact details and authorized signatory...
by Audit Analyst | Dec 23, 2025 | TAN
Organize TAN Registration and Profile Documents Keep a copy of the TAN allotment letter, TAN acknowledgment, and any TAN correction requests. Maintain updated information about the authorized signatory, PAN linkage, and jurisdiction details. Ensure that TAN is...
by Audit Analyst | Dec 23, 2025 | TAN
Mandatory for TDS Deduction on Contractor Payments Government departments and public sector undertakings are required to deduct TDS on payments made to contractors, suppliers, consultants, and service providers. Quoting TAN is mandatory while depositing this tax and...
by Audit Analyst | Dec 23, 2025 | TAN
No Fixed Periodic Update Requirement TAN (Tax Deduction and Collection Account Number) is valid for life and does not require routine renewal or periodic updates. However, updates must be made immediately when there are changes in key details such as name, address,...
by Audit Analyst | Dec 23, 2025 | TAN
Monthly TDS/TCS Payment Deadlines TDS and TCS deducted in a month must be deposited by the 7th of the following month. For deductions in March, the due date is April 30 for government deductors and April 30 or earlier for non-government deductors depending on type....
