TAN (Tax Deduction and Collection Account Number) is a 10-digit unique identification number issued by the Income Tax Department to entities responsible for deducting or collecting tax at source.
It is mandatory for:
Without TAN:
With Finance Saathi, you get quick and hassle-free TAN registration services, ensuring proper compliance.
| Particular | Details |
|---|---|
| Full Form | Tax Deduction & Collection Account Number |
| Issued By | Income Tax Department |
| Format | 10-digit alphanumeric code |
| Purpose | TDS/TCS compliance |
| Category | Requirement |
|---|---|
| Employers | Deducting TDS on salary |
| Businesses | Deducting TDS on payments |
| Companies & Firms | Mandatory |
| Individuals (if deducting TDS) | Required |
| Government offices | Required |
| Component | Description |
|---|---|
| First 4 letters | Area code |
| Next 5 digits | Unique number |
| Last letter | Alphabet check |
| Requirement | Details |
|---|---|
| PAN Card | Mandatory |
| Identity Proof | Aadhaar/other ID |
| Address Proof | Business/residential proof |
| Business Details | Entity information |
| Step | Process | Timeline |
|---|---|---|
| 1 | Application preparation (Form 49B) | Same Day |
| 2 | Document submission | Same Day |
| 3 | Verification | 1–2 Days |
| 4 | TAN allotment | 5–7 Days |
| Stage | Time |
|---|---|
| Application Filing | Same Day |
| Processing | 5–7 Days |
| Type | Fees |
|---|---|
| TAN Application | Approx ₹65 (Govt Fee) |
| Professional Charges | Extra (if applicable) |
| Issue | Penalty |
|---|---|
| Failure to obtain TAN | ₹10,000 |
| Incorrect TAN | ₹10,000 |
| Non-compliance | Legal action |
| Benefit | Explanation |
|---|---|
| Legal Compliance | Mandatory for TDS |
| Smooth Filing | Required for TDS returns |
| Avoid Penalties | Stay compliant |
| Business Credibility | Proper tax structure |
| Issue | Impact |
|---|---|
| Incorrect PAN details | Rejection |
| Wrong address | Delay |
| Incorrect form | Application failure |
👉 Finance Saathi ensures accurate and error-free filing
| Service | Details |
|---|---|
| TAN Correction | Update details |
| Duplicate TAN | Reissue TAN |
| TAN Verification | Status check |
| Feature | Benefit |
|---|---|
| Tax Experts | Accurate filing |
| Fast Processing | Quick approval |
| Affordable Pricing | Budget-friendly |
| End-to-End Support | Complete assistance |
| Dedicated Support | Personal help |
| PAN India Service | Nationwide coverage |
Tax deduction number
Yes, for TDS
5–7 days
Around ₹65
Yes
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