The Tax Collection and Deduction Account Number (TAN) is a 10 digit alpha numeric number issued by the Income Tax Department of a country. TAN registration is extremely important for those are willing to deduct tax at source as per the income tax rules and regulations. These days, online TAN registration is the new buzzword heavily demanded among new age business entrepreneurs because of its easy and simple process as compare than traditional medium. This TAN registration holds immense value for individuals, businessmen, corporate professional, institution, organization and company those are involve in paying advance taxes once in a year. Therefore, the Income Tax Department of India advises to all to log into the website if Tax Identification Number (TIN) of National Securities Depository Limited (NSDL) in order to apply online TAN as per the NSDL rules and regulations. The online TAN application form comes with the Form-16A in PDF format in order to apply in this way.
Online TAN Registration Services
Online TAN registration services have many takers in today's world and there are many leading private and independent firms are providing TAN registration services at affordable prices. The National Securities Depository (NSDL) provides all facilities once one log into the website.The following features one can find in the official website of NSDL:
- The online generation of Form-16A in PDF Format, for a maximum of 10 selected PANs at a time.
- Request for online consolidated TDS/TCS file, for making correction statement
- Uploading of Form-15CA records
- Downloading of default details generated by ITD
- Updating TAN Account contact details
So, the procedure of TAN registration is almost same like PAN registration and one need to pay the TAN registration fee as per the Income Tax Department rules and regulations.