TAN & PAN

What are PAN and TAN?

Permanent Account Number (PAN):

A PAN is a unique 10-digit alphanumeric identifier issued by the Income Tax Department. It is essential for individuals and entities for financial transactions, tax payments, and filing income tax returns.

Tax Deduction and Collection Account Number (TAN):

TAN is a unique 10-digit alphanumeric number required by individuals or entities responsible for deducting or collecting taxes at the source (TDS/TCS) under the Income Tax Act.

Importance of PAN and TAN

PAN Card:

• Mandatory for filing Income Tax Returns.
• Required for high-value financial transactions (e.g., property purchase, bank deposits above ₹50,000).
• Serves as proof of identity for individuals and businesses.

TAN NUMBER:

• Required for deducting or collecting TDS/TCS.
• Necessary for filing TDS returns and issuing TDS certificates.
• Avoids penalties for non-compliance under the Income Tax Act.

Documents Required for PAN Card Application

1. Individuals (Indian Citizens):

• Proof of Identity: Aadhaar Card, Voter ID, Passport, or Driving License.
• Proof of Address: Aadhaar Card, Utility Bills (Electricity/Water), Passport.
• Date of Birth Proof: Birth Certificate, Matriculation Certificate, or Passport.

2. Companies/Firms:

• Certificate of Incorporation issued by the Registrar of Companies/Partnership Deed.
• Address Proof (e.g., Bank Account Statement, Utility Bills in the entity’s name).

3. NRIs (Non-Resident Indians):

• Passport copy as proof of identity.
• Address proof (Indian or overseas).

4. Foreign Entities:

• Certificate of Incorporation in the foreign country.
• Address proof of the entity’s location abroad.

Documents Required for TAN Application

• 1. Proof of Identity (Aadhaar, Passport, etc., for individuals).
• 2. Address proof (Utility Bill, Bank Passbook).
• 3. Company registration certificate for businesses.
• 4. Authorisation letter for TAN applications made on behalf of businesses

How to Apply for PAN Card

• 1. Fill PAN Application Form 49A (Indian citizens) or Form 49AA (foreign citizens).
• 2. Attach the required documents (proof of identity, address, and DOB).
• 3. Submit the form and documents online or at a TIN-FC center.
• 4. Pay the application fee (varies for Indian and overseas addresses).
• 5. Receive your PAN card by post after successful verification.

How to Apply for TAN

• Fill Form 49B online via the NSDL or UTIITSL website or offline at TIN facilitation centers.
• Provide the required documents (proof of identity, address, and authorisation if applicable).
• Pay the application fee.
• Receive the TAN allotment number via email or post after processing.

Why Choose Us for PAN & TAN Application?

• • Expert Guidance: Assistance in selecting the correct forms and understanding the process.
  • Hassle-Free Documentation: We ensure your documents are complete and accurate.
  • Fast Processing: Streamlined application submission to save your time.
  • Post-Application Support: Track the application and resolve any issues with the authorities.