Get the Unique Number for Complete Business Transaction with Our Customized Tan Registration Service
A small, medium, or big-sized business must register for a TAN (Tax Deduction and Collection Account Number) to comply with the mandates issued by the Government of India. Businesses operating in the country must abide by the law to ensure authorities can collect or deduct taxes after the sale of their products. Indian government proposes a deduction of tax at the source (TDS) for certain products like luxury cars or liquor. In such cases, the business must declare the tax collected or deducted.
A TAN number can also help determine the TDS or TCS (Tax Collection at Source) declaration of a business, the deposits, and returns. Registering for TAN may seem like a complicated task. We can simplify it with our exceptional TAN registration service.
Some people believe that they can use PAN instead of TAN. Unfortunately, both TAN and PAN serve different purposes. While you require PAN for completing financial transactions, it may not help your business while filing for tax returns. PAN acts as identity proof. You must apply for TAN when you wish to file tax returns. Failure to get TAN can lead to a penalty.
Requirement To Complete TAN Registration
When you apply for TAN registration online, you must submit documents to complete the process. The documents you need to submit include :
Address verification proof like an Aadhar card or other acceptable documents
Personal information of applicant like name, address, contact information, and digital signature
Firm incorporation or LLP certificate
You must keep a copy of the acknowledgment slip with the information provided. TAN registration requires payment of fees. You can pay the fees via debit or credit card. You can also use the net banking option. When you choose an offline payment option like Demand Draft or challan, you must provide the NSDL-TIN number to the NSDL office.
