TAN Registration
TAN Registration
Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number issued by the Income Tax Department of India. It is mandatory for businesses, government entities, and individuals who are responsible for deducting or collecting Tax Deducted at Source (TDS) or Tax Collected at Source (TCS).
📌 Who Needs TAN Registration?
✔️ Companies, LLPs, Partnership Firms
✔️ Sole Proprietors and Business Owners
✔️ Government Organizations
✔️ Banks and Financial Institutions
✔️ Individuals who deduct TDS on salaries, contracts, rent, etc.
🚫 Who is Exempt from TAN Registration?
❌ Salaried individuals who do not deduct TDS
❌ Businesses that do not require TDS/TCS deduction
Importance of TAN Registration
✅ Mandatory for TDS/TCS Filing – Without a TAN, you cannot deduct or collect tax legally
✅ Avoids Heavy Penalties – Non-compliance leads to a fine of ₹10,000
✅ Essential for Businesses & Employers – Required for payroll processing & vendor payments
✅ Legal Compliance – Helps businesses file TDS returns accurately
✅ Mandatory for Government Contractors – Government projects require TAN for payment processing
how we help
Great Support for Funding & Compliance
Documents Required for TAN Registration
📌 For Individuals & Proprietorships:
✔️ Aadhaar Card / PAN Card of the Applicant
✔️ Address Proof (Electricity Bill, Bank Statement, etc.)
📌 For Companies & Firms:
✔️ Certificate of Incorporation
✔️ PAN Card of the Company
✔️ Address Proof of Business
✔️ Board Resolution (for Companies)
📌 For Government Organizations:
✔️ Registration Certificate
✔️ Authorized Signatory Details
Benefits of TAN Registration
✅ Legal Requirement for Businesses – Helps in seamless TDS & TCS processing
✅ Ensures Compliance with Tax Laws – Prevents penalties and legal issues
✅ Streamlines Payroll Management – Employers can deduct TDS on salaries with TAN
✅ Required for High-Value Transactions – Essential for payments to contractors, professionals, rent, etc.
✅ Easy Online Verification & Filing – Simplifies TDS return filing & online tax payments
