Tan Card Application

Tax Account Number, commonly known as Tax Deduction Account Number or Tax Collection Account Number (TAN), is a 10-digit alphanumeric code issued by the Income Tax Department of India. It is obtained by individuals or entities responsible for deducting or collecting tax at source (TDS or TCS). Businesses are required to obtain and mention their TAN when deducting salaries of employees, among other transactions. The government has specified criteria for the collection and deduction of tax at source. It is mandatory to quote the TAN of the assessee in TDS/TCS statements and challans for the payment of TDS/TCS, ensuring proper documentation and compliance with tax regulations.