TAN (Tax Deduction and Collection Account Number): Definition, Meaning & Guide for Indian Businesses
TAN is the 10-character ID required for any person liable to deduct TDS or collect TCS. Must be quoted on all TDS/TCS related documents.
What is TAN (Tax Deduction and Collection Account Number)?
TAN (Tax Deduction and Collection Account Number) is a 10-character alphanumeric ID issued by the Income Tax Department. Required for any person liable to deduct tax at source (TDS) or collect tax at source (TCS). Format: 4 letters + 5 digits + 1 letter. TAN must be quoted on all TDS challans, certificates, and quarterly returns. Apply online via NSDL's TIN-NSDL portal. Different from PAN which identifies taxpayers; TAN identifies tax deductors.