TAN Number | TDS Online Payment | A Complete Guide on Tax Deduction Account Number | Taxpundit
Tax Deduction Account Number (TAN) or Tax Collection Account Number is a 10-digit alphanumeric number issued by the Income-tax Department. TAN is to be obtained by all persons who are responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS).
However, a person required to deduct tax under section 194-IA
can use PAN in place of TAN as such person is not required to obtain TAN. Further, a person required to deduct tax under section 194-IB or section 194M shall not be required to obtain tax deduction account number (TAN).
As per section 194-IB (as inserted by Finance Act, 2017), any individual or HUF [whose books of account are not required to be audited under section 44AB] is liable to deduct tax at the rate of 5% while making payment of rent of any land or building or both to a
resident person if amount of rent exceeds Rs. 50,000 for a month or part of a month.
Section 194M [inserted by Finance (No. 2) Act, 2019] provides for deduction of tax, at the rate of 5%, from the sum paid or credited to a resident, in a year on account of contractual work, commission (not being insurance commission as referred to in Section 194D), brokerage or professional fees, by an individual or a HUF [whose books of account are not required to be audited under Section 44AB], if aggregate of such sum exceeds Rs. 50 lakhs in a year.
Relevance of TAN :
As per section 203A of the Income-tax Act, 1961, every person who deducts or collects tax at source has to apply for the allotment of TAN. Section 203A also makes it mandatory to quote TAN in following documents:
(a) TDS statements i.e. return
(b) TCS statements i.e. return
(c) Statement of financial transactions or reportable accounts
(d) Challans for payment of TDS/TCS
(e) TDS/TCS certificates
(f) Other documents as may be prescribed
The provisions relating to obtaining of TAN will not apply to a person deducting tax under section 194-IA (i.e. from sale consideration of land/building) and to such person, as may be notified by the Central Government in this behalf.
Consequences of not quoting TAN :
Section 272BB(1) provides for penalty for failure to obtain TAN and section 272BB(1A) provides for penalty for quoting incorrect TAN. Penalty imposable under section 272BB is Rs. 10,000.
No separate TAN is required to obtain for the purpose of TCS :
TAN allotted for TDS can be used for the purpose of TCS also. In other words, no separate TAN is required to obtain for the purpose of TCS, if the person already holds TAN for the purpose of TDS.
Single TAN is to be used in case of deductor who has to deduct tax from different of payment such as salary, interest payment, etc. :
TAN once allotted can be used for all types of deduction and collection. In other words, it is not necessary to apply for different TAN if the deductor has to deduct tax from different types of payment such as salary, interest payment, etc.
Taxpayer cannot hold more than one TAN :
It is illegal to possess or use more than one TAN. Different branches/ divisions of an entity may, however, have separate TAN.
In case more than one TAN have been allotted, then the TAN which is being used regularly should be continued and the other TAN(s) should immediately be surrendered for cancellation using “Form for changes or correction in TAN” which can be downloaded from NSDL-TIN website or may be procured from TIN-FC.
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Пікірлер: 74
Sir please clarify one query a owner has 2 entity both are company one is old and another is newly incorporated & commenced the concerned responsibile person has made payment of tds challan through old tan no. But the person should have made the payment in new tan as per new entity according to books of accounts maintained in new concern and the problem is that the person also filed tds return after adjusting with csi file. Though we know in this situation once the blunder made cannot rectified still please suggest is their any way to resolve the issue
While applying for TAN number for cooperative housing soc, in form 49B ,in what catagory does society comes?
What if I have taken some immovable property on rent , do I have to take TAN number?
What is the procedure for correction if income tax is remitted under one tan no. And return is filed under annothr tan no for FY 2011_12
Sir Aapne bahut achche se samjhaya kiya aap Hume income tax k saare section ko samjha sakte hai
If, TAN number is use less due to dissolution of business then, what is the process to cancel the TAN (Partnership concert)
Sir what if a transporter co. Pays transportation charges to other transporter & receives declaration from them... Is tan registration is required
Sir agar 1 company 2 state mai gst no la rakha ho. To us condition mai 2 tan no layna parayga.ya 1 tan no hi use hoga
Sir mene may 2015 mujhe kisi ne tan no. Dilwa diya tha koi work start karne ke liyen but work start nhi ho paya or mene use use nhi kiya or mene koi return bhi nhi ki to batye agar me teturn nhi karta. Hu to kya dikt a sakti hai oske liye kya karna hai
Sir agar kisi qtr me tds deduct karne ki jarurat nahi hone pe tds return file karna mandatory hai
Sir, can anyone take seperate TAN for other branches situated in other states?
kiya 1 tan number NRI se 2nd and 3rd propertie buy karni ho same tan kaam aata h ya naya lena padta h
Sir mere dwara financial year me Tax kam jama kiya gaya hai kya baaki ka Tax challen dwara TAN no. Me jama kar sakte hai
I applied for a tan no due to NRI property purchase do I have to submit my TDS every quarter if it will not used after this process.
Sir, kindly reply Can a company get two different TDS no or TAN no. Like If a manufacturing company have manufacturers two different types of products.
sec 206 ih me tcs deduct karane ka pravdhan hai. mera turnover 11 cr hai. lekin mere yha koi bhi single party 50L ka turnover wali nahi hai. kya to bhi mijhe tcs registration lena jaruri hai?
What if we're buying property from NRI, do we have to take TAN?
TDS has been deposited from us on the wrong tan number, so how do we get the wrong tan number to the right Tan number. Please guide me. It very urgent.
What is the limit of amount when tds deduction is mandatory?
suppose l repaint my building, and the contract is for 6 lakh and l pay the contractor 75000 Rs every 15 days , do l deduct 1% TAN on every cheque paid to him, or l deduct 1% on final bill of 6 lakh Rs when l make the final payment . please help.
Sir my question is that what are the circumstances where assesse get there tan no delay
Does an idvidual who is a direcor of the pvt ltd comapny have a TAN number sir
Tan Abhi apply kiya hai purana tds Kaise katege profession-trade Or import export ke case m
Partnership firm ko tan no lena compulsory hai kya
Sir mene Tan No. Liya tha 2015 me lekin koi use nhi kiya work start karne ke liye lakin mene work start nhi kiya to mujhe bataye koi dikt to nhi hai ya koi dikt hai plz gaude me sir as soon as
Sir mere tds main 2 tan number show ho rahe hai ese kaise sahi kare dusra tan number kisi or ka hai pat ni mere I'd main kese show ho raha hai
If I have deposited in two tan no.in same company how to solve this
Maine Tan ki jagah Pan me tax jama kar diya hai isme kya hoga
HAM ASSISTANT REGIONAL TRASPORT OFFICE SE HAI TO TAN NO PANE KE LIYE KYA KARNA HAI KOUN SA DOCUMENT TAN NO ALLOT KARNE K LIYE DENA HAI
How income tax can be pay online by a govt employee by using TAN no of own office...
Sir, how can I find the figure of DTS/TCS by Tan ?
How much gst on E journal or e book
Sir ji mera tds kata gya h certificate mai tan number nhi diya h to itr kese file hoga
How to change TAN No. In Challan??
मेरे आहरण संवितरण अथार्टीज ने इनकमटैक्स काटा किन्तु उन्होंने ने फाइल नहीं किया जिससे 26ASमे टैक्स निल बता रहा है।जिससे आऊटस्टेंडिंग बनी है।क्या किया जाये।बताये
Turnover का कोही limits होता है क्या Tan number
Sir 2years not return file not submitted Sir.
E publishing company ke liye TAN zarori hai kya
Sir TAN main name correction kaise kare
Sir How much are the charges for New TAN Number apply (Price)
Gram panchayt ke tan Kaise reg kare Sir
Dear sir Gram Panchayat (Villages) apne vendor ko payment karne ke liye TDS Katna chahte hai Inka TAN Kis category me fall hoga ??
@TaxPundit
3 жыл бұрын
Should be local authority
Sir Audit Fee Payment Karte Waqt TDS Katna Padta hai Hamara TAN Number Nehi Hai To Kya Karen Please Sir Bataiye. Thanks and regards Sumanta Kumar Nayak
Sir i am new small ecommerce seller ,Can TAN number is compulsory for me
Tan no. Se farm ka name kaise serch kare
Dear Sir I am going to start up job consultancy business. Is it required TAN number to me to be tied up with any company to supply manpower and to get the payout as consultancy services charge. Please share me. Rgds
मेरा TDS गलत TAN नंबर पे जमा हो रखा है इसको केंसे सही TAN नंबर पे ट्रांसफर करवा सकते हैं सर प्लीज रिप्लाई
सर , TAN नंबर से चालान द्वारा व्यक्तिगत TAX कैसे जमा करते है
To Whom TAN is applicable? Whether all the persons can get the TAN? What is the eligibility to get the Same? Suppose I am an individual and I would like to get the TAN. In my case, shall I get the same. So far I did not enter into business, but may be I can enter into business in near future. In my capacity, May I get the same? Kindly clarify me the same. Thanks in Advance Sir!
@SahilAnsari-dt7sk
9 ай бұрын
The same is my question
👍👍
सर नमस्कार। हमारे पास एक पैट्रोल पम्प है। इसमें भारत पैट्रोलियम हमें हर फ्यूल टैंक के साथ एक "लाइसेंस फीस रिकवरी" का एक GST इनवाइस काटता है।वो इस बिल की वैल्यू पर सैक्सन 194-I में TDS काटने के लिए बाध्य कर रहे हैं,जबकि मेरी पूरे साल की LFR के बिलों की वैल्यू 180000 से कम है। कृपया मदद करें।
@smilesubhash7793
4 жыл бұрын
Sir agr comition Dena ho teem work me or tds Kate hi na to sahi h kya
About Company sec
Kisi employer ke pass mein kitne employee hone chahie 10 prapt karne ke liye
दीपावली पर्व की हार्दिक शुभकामनाएं। *रामेश्वर चंडक का जय श्री कृष्ण*
@TaxPundit
4 жыл бұрын
धन्यवाद। आपको भी हार्दिक शुभकामनाएं।
194H hoga commission and brokerage ke liye
TAN plus GST is too heavy...m I right
TAN
How to get back TDS via form 16A
@TaxPundit
3 жыл бұрын
You have to file your tax return
Please teach with notes also
स्कूल का tan नंबर कैसे मिलेगा
Hamara 30280kat Gaya iska koi upay hai
@papuk1582
3 жыл бұрын
Mera 15000 kat liya
Sir tds return ke regarding puri jankari dijiye.
@TaxPundit
4 жыл бұрын
Thanks for your suggestion.
sir, what is the procedure for cancellaion of TAN No not in use, kindly educate me on this
Sir I am a teacher added inter College salary 50000/+ my and my teacher family monthly TDS nahi nahi deposit hota hai February m Direct tax lagta hai monthly participate kaise ho please tell me🙏🙏🙏
Yeah sarkar tax katke Apna pet varta hain.
Partnership firm ko tan no lena compulsory hai kya
Partnership firm ko tan no lena compulsory hai kya