Financial Compliance – TheNewsay https://thenewsay.com Sat, 10 Feb 2024 17:54:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/thenewsay.com/wp-content/uploads/2024/02/cropped-TheNewSay-Favicon.png?fit=32%2C32&ssl=1 Financial Compliance – TheNewsay https://thenewsay.com 32 32 230920947 Unlock Your TAN: Simple Steps to Verify Your TAN Online https://thenewsay.com/simple-steps-to-verify-your-tan-online-in-2024/ https://thenewsay.com/simple-steps-to-verify-your-tan-online-in-2024/#respond Thu, 08 Feb 2024 22:25:00 +0000 https://smartmag.theme-sphere.com/smart-times/us-army-to-award-production-contract-for-light-tank-this-summer/ Simple Steps To Verify Your TAN Online in 2024: TAN, short for Tax Deduction and Collection Account Number, is a 10-digit alphanumeric code issued by the Income Tax Department. It is crucial for those involved in tax collection or deduction at the source (TCS and TDS). Individuals responsible for deducting TDS or collecting TCS must have a TAN.

Simple Steps To Verify Your TAN Online in 2024

Obtaining a TAN is mandatory for filing TCS, TDS, or any other income tax returns. Failing to provide the TAN during tax return filing can lead to penalties. Hence, it is vital to apply for your Tax Deduction and Collection Account Number promptly. Below you will know more about the Simple Steps To Verify Your TAN Online in 2024.

Simple Steps To Verify Your TAN Online
Photo: Pixabay

Steps to Know Your TAN

Step 1: Visit the ‘e-Filing’ Portal at https://www.incometax.gov.in/iec/foportal.

Step 2: Click on ‘Know Your TAN’ in the ‘Quick Links’ section.

Step 3: Choose TAN search based on Name or TAN.

Step 4: Select the ‘Category of Deductor’ and ‘State’ from the dropdown (if applicable).

Step 5: Enter the ‘Name’ or ‘TAN’ and provide the ‘Mobile Number.’

Step 6: Click ‘Continue’ to receive the OTP on the entered mobile number.

Step 7: Enter the OTP and click ‘Validate’ to view the TAN details.

How to Apply for TAN?

There are 2 ways to apply for TAN:

#1. Offline: Fill out Form 49B in duplicate and submit it to any TIN-FC. TIN FC addresses can be found on the Protean (formerly NSDL eGov) TIN website.

#2. Online: Apply for TAN online through the Protean (formerly NSDL eGov) TIN website.

Who Can Apply for TAN?

Anyone paying salaries or commissions to others needs a TAN. This includes central or state governments, local authorities, statutory or autonomous bodies, companies, branches, divisions, individuals, Hindu Undivided Families (HUFs), sole proprietors, firms, associations of persons, or trusts.

Also Read: Simple Steps To Verify Your TAN Online in 2024

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