TAN

  • What is TAN full form?
  • What is the meaning of TAN number?
  • How to find the TAN number? 

What is TAN full form?

TAN is a short form used for Tax Collection Account Number / Tax Deduction Account Number. TAN is a 10-digit alphanumeric number issued by the Income-tax Department allotted to the entities that are liable to deduct TDS by the Income Tax Department. Any individual or firm or company that is responsible for a tax deduction at source (TDS) or tax collection at source (TCS) uses the TAN number in the e-filing of the Income Tax Return.

What is the meaning of TAN number?

Understand the TAN number meaning by knowing the structure of TAN written below: 

TAN Format- JPRD00214F 

The first Four digits are alphabetic, then after five digits are numeric, and the last digit is Alphabetic. Here, the first three alphabets show the jurisdiction code where the TAN was issued, and 4th alphabet represents the initial letter of the TAN holder's name. Any firm, company, individual, etc., can be a TAN holder if it/he is responsible for TDS or TCS. 

TAN is mandatory to be allotted to individuals, firms, or companies that collect or deduct tax at source. Individual entities apply for TAN allotment to get tax benefits under section 203A in the Income-tax Act, 1961.The Tax Deducted at Source (TDS) on payments made by assessees is deposited under the TAN to enable the assessees who have received the payments to claim the tax deducted in their income tax return.

How to find the TAN number?

Finding the TAN number is a simple process. First, one needs to visit the official website of https://eportal.incometax.gov.in/iec/foservices/#/pre-login/knowYourTAN Then, press the button 'Know TAN details' there. Now, go to the head 'TAN Search' for 'Name' or 'TAN and fill in the required details'.

 Who can apply for TAN?

If one entity is paying a salary or a commission to another, the entity must have a TAN. This might include:

  • Individuals
  • Hindu Undivided Family (HUF)
  • Company and Firms
  • Central or the state government
  • Sole proprietor
  • Associations of persons
  • Trusts
 


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