Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) are essential identifiers issued by the Income Tax Department of India. While PAN is mandatory for individuals and businesses to carry out financial transactions and file income tax returns, TAN is required for entities responsible for deducting or collecting tax at source (TDS/TCS).
Whether you’re starting a business, applying for GST, or hiring employees, PAN and TAN registration are the foundational steps toward legal and financial compliance in India.
| PAN (Permanent Account Number) | TAN (Tax Deduction and Collection Account Number) |
|---|---|
| Unique 10-digit alphanumeric ID | Unique 10-digit alphanumeric ID issued for TDS/TCS |
| Required for ITR filing, opening bank accounts, and financial transactions | Required for deducting or collecting tax at source |
| Mandatory for individuals and businesses | Mandatory for employers, deductors, and organizations |
| Issued by Income Tax Department via NSDL/UTI | Issued by Income Tax Department via NSDL |
Helps employees build a retirement corpus over time
Contributions are tax-deductible under Section 80C
Builds trust and loyalty among employees
Avoid penalties and legal liabilities
Partial withdrawals allowed for medical, housing, or education purposes
| 📍 For PAN Registration | 📍 For TAN Registration |
|---|---|
| Aadhaar card (for individuals) | PAN card of the applicant entity |
| Passport-size photo | Address and identity proof |
| Proof of Date of Birth (for individuals) | Certificate of incorporation / Partnership deed |
| Certificate of Incorporation (for companies) | Authorized signatory details |
| Partnership deed (for firms) | |
| Address proof |
| Compliance Area | Description |
|---|---|
| PAN Linking with Aadhaar | Mandatory for individuals—non-linking may result in PAN becoming inoperative. |
| PAN Quoting in Transactions | Required for high-value transactions like property purchase, mutual funds, etc. |
| TAN Use for TDS/TCS | TAN must be quoted while deducting or collecting tax at source. |
| TDS Deduction & Payment | Monthly deduction and payment of TDS using TAN within due dates. |
| TDS Return Filing | Quarterly filing of TDS returns (Form 24Q, 26Q, etc.) using TAN. |
| Form 16/16A Issuance | Timely issuance of TDS certificates to employees/vendors. |
| TAN Activation & Monitoring | Ensure TAN is active and used only by the authorized entity. |
| Correction in PAN/TAN Details | File for correction if any error exists in personal or entity information. |
At Taxfincom, we offer cost-effective pricing for PAN and TAN registration services, tailored to meet the needs of both individuals and businesses. Our packages include comprehensive support for PAN applications across all entity types, TAN applications for TDS-compliant organizations, complete document filing and tracking assistance, as well as correction or reprint services when required.
📌 With no hidden charges, we ensure transparent, affordable pricing and a smooth experience—providing you with complete peace of mind throughout the process.
We offer a reliable, efficient, and hassle-free company registration experience. Our expert consultants guide you through every step—from handling stamp duty and government fees to completing documentation—ensuring smooth and compliant incorporation.
With a client-friendly approach and strong attention to detail, we stand out as a trusted partner for your company’s legal setup. Choose us for a seamless registration process backed by professionalism and expertise.
With our services, you gain peace of mind and the confidence to make informed decisions. Let us handle the numbers while you focus on achieving your goals.
The information provided by TAXFINCOM is for general guidance only and does not constitute financial, legal, or investment advice. Loan approvals and financial outcomes depend on third-party institutions and individual eligibility. We are not liable for any losses arising from decisions made based on our content or services. Please consult with a qualified professional before making financial decisions.
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