TAN Registration
In India, tax reduction numbers and collection numbers (TAN) are 10 digits of alphanumeric numbers issued for people who are required to reduce or collect taxes on payments carried out by them under the Indian Income Tax Act, 1961. This number is used In all TDS / TCS returns, TDS / TCS payment challans and all TDS / TCS certificates.
Tan is needed by all individuals because without taxes deducted in the Source (TDS) or the tax collected in the return on source (TCS) is not received by the Tin Facilitation Center. Banks do not accept Challans for TDS / TCS payments if Tan is not quoted.
