Online Acknowledgement of TAN Application Consists of :
- Applicant’s Status
- Applicant’s Name
- Details of Payment
- Space for Signature
- A distinct 14 digit acknowledgement number
- Applicant’s Contact Details including e-mail, address and telephone number
Frequently Asked Questions
Q1: Which process needs to be followed in order to obtain a TAN?
Ans: An application needs to be signed for the allotment of Tax Deduction Account Number. The application must be filed in Form 49B and then needs to be submitted to any TIN-FC (Tax Information Network Facilitation Centre).
Q2: From where you can get Form 49B?
Ans: Form 49B can be downloaded from NSDL-TIN website. Also, it can be obtained from the website of TIN-FCs. It is to be noted that legible photocopies of Form 49B or forms legibly printed as per the format prescribed by ITD can also be used.
Q3: Why is it important to have TAN?
Ans: It is important to have TAN because it needs to be quoted in all the TDS/TCS returns, all TDS/TCS payment challans and all TDS/TCS certificates that are to be issued. Failure in TAN quoting and non-acceptance of challans for TDS/TCS payments by banks do not allow the TDS/TCS returns to be received. Apart from this, not applying for TAN or not quoting it in the prescribed documents leads to the penalty of Rs. 10,000/-.