What is TAN Card?
A Transaction authentication number, TAN or T.A.N. is a unique 10 digit alphanumeric code allotted by the Income Tax Department to all those persons who are required to deduct tax at the source of income. TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), any TDS/TCS payment challan and TDS/TCS certificates.
Apply for TAN Card.
It is mandatory to quote TAN on all TDS (Tax Deduction at Source) returns (including e-TDS return) or any TDS payment challan. In order to apply for a TAN or to get a change/ correction carried out in an existing TAN record, you are required to submit the requisite application form, which is available at any of the Tax Information Network Facilitation Centres (External website that opens in a new window)(TIN-FCs) managed by the National Securities Depository Ltd (NSDL).