Publish: December 23, 2025
What is the TAN update schedule?
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, PAN linkage, or authorized signatory.
On Change of Business Name or Structure
- If there is a change in the legal name, company structure, or constitution (e.g., from sole proprietorship to partnership), the TAN details must be updated.
- This ensures continuity in TDS compliance and prevents mismatches in filings or audits.
On Relocation or Jurisdiction Change
- When a business relocates to another city or state, especially if it changes jurisdiction or Assessing Officer (AO) code, the address and AO details should be updated.
- This helps maintain accurate departmental records and facilitates correct communication.
On Change of Authorized Person
- If the person responsible for TDS compliance (e.g., CFO, managing director) changes, the authorized signatory details linked to TAN must be updated.
- This update is necessary for verification on e-filing and TRACES portals, especially for digitally signed returns and certificates.
Mode and Timing of Updates
- Updates are submitted through a TAN correction form, which can be filed online or offline via authorized facilitation centers.
- There is no set schedule, but it is advisable to initiate updates as soon as the change occurs to avoid filing errors, communication failures, or penalties.
0 Comments