Tan Registration Services in Fateh Nagar, Delhi

TAN stands for Tax deduction and Collection Account Number. It is a 10 digit alphanumeric number that is required to be obtained by all persons who are responsible for deducting and collecting tax at source. It is mandatory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), in any TDS/TCS payment challan, TDS/TCS certificate, and other prescribed documents. TAN number or registration is very important for the businesses deducting tax at source and mandatory to be parroted in TCS and TDS return. If an individual is failed to do so may attract a heavy penalty of up to Rs. 10,000. If TAN is not quoted TDS return and payments will not be received by banks. Benefits of TAN Registration 1. TAX Deposit You must quote TAN in documents when you’re depositing tax as TAN is used for deductions such as salary, interest, or dividends. You must undertake these steps when depositing the tax Use challan type 281 for the deposit of tax collected or deducted at source. It is mandatory to quote the correct 10 digit TAN along with the name and address of the deductor on each challan that is used for depositing tax. You can use separate challans for indicating separate sections and correct nature of payment code in the relevant columns. 2. Unique identification TAN (Tax deduction and collection account) is a unique identification number obtained by those who are deducting and collecting tax at source, on the behalf of the Income-tax department. TAN makes every individual tax deductor or collector identifiable. 3. Issuance of TDS certificates TDS certificates must be issued by entities or individuals deducting or collecting tax at source. The issuance of this certificate is important so that the taxpayer knows how much tax he has paid. This certificate helps the taxpayer to understand the amount of tax has been paid and deposited with the government.

Digital Signature Services, Get ISO certification services, gst registration

TAN Registration, DVAT / CST Registration

Enterprise Risk Management Service, Risk Mitigation Exercise Service