Tax Information Network increased the TAN Registration Features.

The India's Tax Information Network (www.tin.com) has been increased the TAN Registration features. Now a days www.tin.com has added the latest and better newest features for free downloading Form 16 and Form 16A online by TIN. Taxpayee (Deductor) keep in view that the TAN Registration is compulsory to Registration day by day with TIN. The following latest more efficient features of TAN Account:

1. You may request for Consolidated TDS/TCS statement, Form 16A as well as Default files for a given statement by verifying only once in a given session.
2. You may request Form 16A, for upto 10 selected PANs at a time.
3. There is a common download menu for the files requested.
4. Facility has been made available to request for consolidated TDS/TCS statement pertaining to FY 2005-06 onwards
5. Files requested will be available for download for a period of 30 calendar days.

How re-Registration of TAN by Tax Information Network (TIN-NSDL).

Earlier, NSDL-Tax Information Network provide only TAN Registration was re-registered. Now, the question arise that, Why TAN required Re-registered after Registration ? Is it benefited to a Government / Non-Government institute while e-TDS / e-TCS Return Submission and What are the effects of re-Registration of TAN? For all the queries the following example, can help and detailed explained see-

Answer of Question through Example :
A Government/Non-Government Institution submit their e-tds/e-tcs return through a service provider named ABC e-tds Solution etc. After a gap of two or more years, it is found that ABC e-tds Solution has not submitted returns properly and deductor receives different type of letters from Income Tax Department. In such position through correspondence between deductor and ABC e-tds Solution, their understanding breaks and deductor decides not to continue return submission through ABC e-tds Solution.

Now deductor engages another service provider to submit their e-tds/e-tcs return. New service provide demands from deductor TAN Registration detail such as User ID and Password of the concerned TAN to resolve the notices received from Income Tax Department. Due to bad under standing with old Service Provider (ABC e-tds Solution), It is not possible to collect the User ID and Password from ABC e-tds Solution which was registered by him. In such condition, earlier there was typical procedure to get User ID and Password from Tin Center.

Through new system provided by NSDL, Re-generation system is too-much easy in the hand of Deductor. Just enter your TAN in Registration Form , a message will be appeared that "Tan is already Registered. Do you want to Re-register". Just click ok and re-register your TAN number through filing complete detail. Picture of Re-Registration of TAN is also given below more clarity.

If you want to Re-Registration of your TAN Click Here

Before using TAN Account, it must be verified at NSDL-TIN for Various Facilities to Deductors

TDS Deductor when got TAN Account, it must be verified at NSDL-TIN before using for giving various facilities provided by NSDL Tax Information Network. One of then a facility provided under TIN is authenticated login (TAN account) provided to deductors/collectors at TIN website. Under this login, for avail such facility the following functions are provided:

1. Online request of consolidated TDS/TCS file: Useful for preparation of correction statement.
2. Online generation of Form 16A for valid PANs.
3. Online download of default details generated by Income Tax Department.
4. Bulk upload of Form 15CA records.
5. Update of TAN account contact details.

As you may be aware, for creating authenticated login (TAN account), deductor/ collector has to register TAN online at TIN website. Based on the feedback received from the deductors as well as Income Tax Department, the procedure for registering as well as getting the various facilities is simplified/modified regularly. We have now made some changes in the TAN registration process. You are requested to go through the same very carefully. Very soon, preparation of correction statement will have to be made mandatorily using consolidated file provided by TIN. In view of the same, you are requested to create and activate the TAN account at TIN and avail the aforementioned facilities offered by TIN, if not done already.

Detailed revised procedure for creating “TAN Account” and activation of TAN account is as under.

• On registration, an e-mail containing link will be sent to registered e-mail ID (s).
• User will be required to click on the link for activating the TAN account. This link is sent for verifying the validity of e-mail ID.
• On clicking the link, user will be prompted to provide TAN and corresponding 12 digit TAN registration number.
• If the TAN & TAN registration number matches, then TAN account will be activated within 24 hours.
• TAN account will be active if at least one of the e-mail ID is verified.
• TAN account will not be activated, If the user does not click link or does not provide respective TAN and TAN registration number and the same is verified.
• If user has provided two e-mail ID (s) on registration/ re-registration, then the TAN account will be activated even if the user clicks on the link (as mentioned above) sent at any one of the registered e-mail ID.
• On activation of TAN account, an e-mail containing the user ID in password protected PDF file will be sent to registered e-mail ID (s). On receipt of this e-mail, user can login to TAN account.

Further the user may re-register the TAN if user has:

• Forgotten the TAN account details like user ID, TAN registration no. (12 digit alphanumeric number) or
• Would like to update the contact details of TAN account ,wherein the user does not know the login credentials of TAN account,

Procedure for activation of TAN account on re-registration of TAN would be the same as applicable on first time registration of TAN (as above). For detailed procedure for registration of TAN online, online request of consolidated file/ Form 16A file and default details you may download the e-tutorial available at TIN website under the download section

Income Tax Department Change the verification process of TAN Account.

The Income Tax Department Tin-Nsdl has changed the procedure of verifying the TAN Account. There was some confusions and doubt in the earlier method so the Tin has changed the procedure. For Details information about new procedure how to verify the TAN Account is as follows:

Steps to register the TAN account:

1. Register your TAN online at TIN website.
2. Submit the application online.
3. On successful registration of TAN, a 12 digit alpha numeric registration number will be generated.
4. Print the acknowledgment and preserve the same for future reference.
5. On successful registration, user will be required to verify the e-mail ID (s) quoted on re-re-registration of TAN for activating the TAN account.
6. For verifying the e-mail ID(s), an e-mail containing the link will be sent to the registered e-mail ID (s).
7. For verification of mobile no. (if provided on registration), an SMS containing six character verification code is sent.

New procedure to verify TAN accounts:

1. Click on the link received by e-mail, and provide:

• TAN
• TAN registration no. (12 digit alphanumeric no.)
• Verification code (Six character received by SMS)
• On successful validation of TAN, TAN registration and verification code, TAN account will be activated within 24 hours.
• On activation of TAN account, an e-mail containing user ID (created on registration of TAN account) will be sent at the registered e-mail ID (s).

PAN and TAN is Mandatory Quoting in Form 16/Form 16A

According to the provisions of section 203A of the Income-tax Act, it is obligatory for all persons responsible for deducting tax at source to obtain and quote the Tax-deduction Account No. (TAN) in the challans, TDS-certificates, statements and other documents. Detailed instructions in this regard are available in this Department's Circular No.497 (F.No.275/118/ 87-IT(B) dated 9.10.1987). If a person fails to comply with the provisions of section 203A, he will be liable to pay, by way of penalty, under section 272BB, a sum of ten thousand rupees. Similarly, as per Section 139A(5B), it is obligatory for persons deducting tax at source to quote PAN of the persons from whose income tax has been deducted in the statement furnished u/s 192(2C), certificates furnished u/s 203 and all returns prepared and delivered as per the provisions of section 200(3) of the Income Tax Act, 1961.

All tax deductors/collectors are required to file the TDS returns in Form No.24Q (for tax deducted from salaries). As the requirement of filing TDS/TCS certificates has been done away with, the lack of PAN of deductees is creating difficulties in giving credit for the tax deducted. Tax deductors and tax collectors are, therefore, advised to quote correct PAN details of all deductees in the TDS returns for salaries in Form 24Q. Taxpayers liable to TDS are also advised to furnish their correct PAN with their deductors, It may be noted that non-furnishing of PAN by the deductee (employee) to the deductor (employer) will result in deduction of TDS at higher rates u/s 206AA of the Income-tax Act,1961.

Detailed Procedure for Online TAN Registration.

Now a days many Tax Deductor takes TAN for issuing Form 16 (TDS Certificate), but they did not know more about how to take it.  Therefore, look into the matter how to get TAN by online Registration.  See the details given as below:

Details of Deductor/Collector 

1. Mention details of deductor/collector i.e. TAN & TAN Name.
2. Select appropriate deductor/collector category from the dropdown.
3. Mention PAN of the deductor/collector. Mention “PANNOTREQD”, in case PAN is not available i.e. deductor is not required to have PAN as per the statute.
4. The fields PAO Code and DDO Code are mandatorily required to be filled for deductor category “Central Government”.
5. If PAO Code is not available, then mention value “PAOCDNOTAVBL”.
6. If DDO Code is not available, then mention value “DDOCDNOTAVBL”.
7. For PAO Registration number, mention registration number allotted, if any, by Central Record Keeping Agency (CRA) under New Pension System (NPS).
8. For DDO Registration number, mention registration number allotted, if any, by Central Record Keeping Agency (CRA) under New Pension System (NPS).

Contact Details of Deductor/Collector 

1. Mention demographic details of deductor (TAN) i.e. complete address and contact details.
2. Provide valid email id and telephone no. / mobile no., as the same will be used for subsequent communication.
3. It is mandatory to provide one e-mail ID.
4. Provide mobile no. for deductor other than Central govt. and State govt.
5. Provide details of responsible person and designation.

Statement Details 

1. Mention details of any regular e-TDS / TCS quarterly statement accepted in TIN on or after April 01, 2008.
2. Before providing statement details, check status of statement at the Quarterly Statement Status  available at TIN website by entering the TAN and Token Number (earlier known as Provisional Receipt Number).
3. Enter details of only electronic regular statement accepted at TIN central system.
4. For entering statement details, you may refer the Provisional Receipt issued at the time of acceptance of the e-TDS / TCS statement or FVU statement statistic report generated by FVU (File Validation Utility) on successful validation of TDS/TCS statement.

TAN account details

1. Select the user ID and password for operating TAN account.
2. Password entered is case sensitive.
3. Preserve the user ID and password provided.
4. Select security question and corresponding answer.
5. Preserve the security question and corresponding answer.

Generation of Acknowledgement/ TAN registration number

1. Provide the details in the fields marked with asterisk (*).
2. After filling up the information, click “submit”. On submission of details, if any errors are provided, rectify and re-submit the form.
3. A confirmation screen with all the data filled by the user is displayed. The same can be either confirmed or edited by selecting the respective option provided at the end of the screen.
4. On selecting the option ‘edit’, user is taken to the page of registration for editing the details.
5. On selecting the option ‘confirm’, 12 digit acknowledgement number will be displayed.
6. Print the acknowledgment and preserve the same for future use.
7. For future correspondence, mention the TAN registration number provided by TIN along with the TAN.

How to reset TAN Password and its Link Activation?

How to reset TAN Password and its Link Activation?

Income tax department has clarify as how to reset the password for submit online returns  and howto activate the  links. In this regard income tax department has given an email id on which the account password as well as link will be activated. Full clarification is as under.

For password reset and link activation, please send login credentials to validate@incometaxindia.gov.in . Mails pertaining to these subjects will not be entertained at any other mail id.

Form - 16 with Part-A & Part-B generate from NSDL ".fvu".

Good news for Taxpayee & Tax Deductors that the TIN-NSDL has announced and published a new Form - 16 auto generation system along with Part-A and Part-B whichever is applicable.  This facility only possible to those Taxpayee or Tax Deductors whose TAN Registred with NSDL.  Therefore I request to Taxpayee and Tax Deductors to registered TAN with TIN-NSDL.

NSDL - Form - 16 gives to Taxpayee or Tax Deductor as follows:

1. PART A
2. Summary of Tax Deducted at source (Quarterly basis)
3. PART B
4. Annexure-A
5. Annexure-B

Please Note:  Generation of FORM NO. 16 through NSDL does not print PART-B of the FORM 16. In case a deductor generate form no 16 through NDSL, he gets only PART-A, summary of tax deducted at source, annexure-A and Annexure- B

Apply Online PAN Application in Latest Format i.e. Form 49A and 49AA.

Friends, whenever you apply for New Pan Card, always follow the latest notification regarding New PAN Card application i.e. Form 49A and 49AA which has been issued by the Income Tax Department. The Income Tax Department has been issued the New application form i.e. Form 49A and 49AA. The Income Tax Department also publish how to fill the form of application of New PAN Card, it means that filling Instruction which are in English and Hindi also. Now, taxpayee feel that why the Income Tax Department issued New PAN Application Forms i.e. Form 49A and Form 49AA. The details regarding new PAN application is as follows:

Major 17 High Lights regarding Instructions of New PAN application Forms:

1. Form to be filled in Black Ink preferably earlier it was mandatory.
2. Now Two recent colour photographs will be affixed instead of One pcs.
3. Signature/Left Hand thumb impression should be provided across the photo affixed on the left side of the form.
4. Signature /Left hand thumb impression should be within the box provided on the right side of the form. The signature should not be on the photograph affixed on right side of the form.
5. Abbreviation will not be used in First Name and Last Name.
6. The full name as mentioned in the application will be printed on the PAN Card.
7. Now, Trusts for Date of Creation of Trust Deed. also added in the field of Date of Birth/Incorporation/Agreement/Partnership or trust Deed/Formation of Body of Individuals/Association of Perons.
8. ZIPCODE. In case, a foreign address is provided then it is mandatory to provide Country Name alongwith ZIPCODE.
9. Office address is required in case of Individuals having source of Income as salary [Item No.12].
10. Name of Office and Address is mandatory in case of Firm,company, local Authority and Trusts.
11. Now Country Code is also required alongwith STD Code. (i.e. 91 is Country Code for India.).
12. Telephone Number/Mobile Number is required. Earlier only Telephone Number was required.
13. Application Status updates are sent using the SMS facility on the Mobile Numbers mentioned in the Application Form.
14. In case of 'Limited Liability Partnership', the PAN will be allotted in "Partnership Firm" status.
15. It will be mandatory to indicate at least one of source of incomes, as mentioned in the form. In case, the income from Business/Profession is selected by the applicant then an appropriate business profession codeshould be mentioned. (i.e. Code = 01, Business/Profession = Medical Profession and Business)
16. Name and Address of Representative :- Column No. 1 to 12 will contain details of assessee on whose behalf this application is submitted.
17. KYC Details:- It is mandatory to provide KYC details. Please refer the guideliness issued by SEBI and Prevention of Money Laundering Act for filling these details.

Free Download Facility:

New Application Form 49A and 49AA (Click Here)

Notification Regarding Form 49A and 49AA (Click Here)

Instruction to fill Form 49A and 49AA (Click Here)

Revised Form 49A for Indian citizens & new Form 49AA for foreign citizens (including Qualified Foreign Investors) Revised PAN Change Request Form by NSDL

Apply Online
With effect from April 8, 2012, PAN applications are required to be furnished in the new forms prescribed by ITD. Indian citizens will have to submit their ‘Application for allotment of new PAN’ in revised Form 49A only. Foreign citizens will have to submit their ‘Application for allotment of new PAN’ in newly notified Form 49AA only.

With effect from April 1, 2012, fees for PAN application has changed to 96. (For dispatch outside India 962).

For New PAN applications, in case of Individual and HUF applicants if Address for Communication is selected as Office, then Proof of Office Address along with Proof of residential address is to be submitted to NSDL w.e.f. applications made on and after 1st November 2009.

As per RBI guidelines, the entities making e-commerce transactions are required to provide PIN (Personal Identification Number) while executing an online transaction. Accordingly, before making payment for online PAN/TAN applications using credit/debit card, please ensure that the PIN is obtained from your respective Banks.

Application for allotment of New PAN (Form 49A) – applicable for Citizens of India

This form should be used when the applicant has never applied for a PAN or does not have PAN allotted to him. An applicant can visit Income Tax Department (ITD) website to find whether a PAN has been allotted to him or not.

• Read Guidelines
• Read Instructions
• Documents to be Submitted
• Do’s and Don’ts
• Apply

Application for allotment of New PAN (Form 49AA) – applicable for foreign citizens

This form should be used when the applicant has never applied for a PAN or does not have PAN allotted to him. An applicant can visit Income Tax Department (ITD) website to find whether a PAN has been allotted to him or not.

• Read Guidelines
• Read Instructions
• Documents to be Submitted
• Do’s and Don’ts
• Apply

Reprint of PAN Card

This application should be used when PAN has already been allotted to the applicant but applicant requires a PAN card. A new PAN card bearing the same PAN is issued to applicant.

While filling this form, applicant should not select any of the check boxes on the left margin of the form. However, the check box for Item no. 7. Address for communication will be selected by default as this address will be updated in the records of ITD.

• Read Guidelines
• Read Instructions
• Documents to be Submitted
• Do’s and Don’ts
• Apply

Change/Correction in PAN Data

This application should be used when PAN has already been allotted to the applicant but applicant wants to make change/correction in PAN data. A new PAN card bearing the same PAN with updated details will be issued to applicant.

Appropriate check boxes in front of the relevant core details (i.e. name, father’s name, date of birth) should be selected, in order to update the details.

• Read Guidelines
• Read Instructions
• Documents to be Submitted
• Do’s and Don’ts
• Apply

For More Details Click Here

PAN Ledger / 26AS Statements FAQs.

As per demand of visitors I would like to share some frequently ask questions regarding PAN Ledger or 26AS Statements, which are as below:

From which financial year will the Annual Statement under Sec. 203AA (Form No. 26AS) be issued?
     The annual statement (Form No. 26AS) will be issued for all tax deducted and tax collected at source from FY 2005-06 onwards after the expiry of the financial year.

How will the PAN-wise ledger account be created by NSDL in respect of payment of TDS made by deductors in banks?
     The PAN-wise ledger account will be created after matching the information in the TDS/TCS statements filed by the deductor/collector and the details of tax deposited in banks coming through On Line Tax Account System (OLTAS).

What essential information should be given in the quarterly statements to enable accurate generation of PAN-wise ledger account?

The accuracy of PAN-wise ledger account will depend on:

• Correct quoting of TAN by the deductor.
• Correct quoting of PAN of deductor.
• Correct and complete quoting of PAN of deductee.
• Correct quoting of CIN (Challan Identification Number) wherever payment is made by challan.

Will a deductee be able to view his ledger account on NSDL-TIN website?

     Yes. The scheme for such views is expected to be notified by ITD soon.

Apply for PAN Card Online/Offline in latest amendment PAN Card Application formate (Form 49A and 49AA).

Friends, whenever you apply for New Pan Card, always follow the latest notification regarding New PAN Card application i.e. Form 49A and 49AA which has been issued by the Income Tax Department. The Income Tax Department has been issued the New application form i.e. Form 49A and 49AA. The Income Tax Department also publish how to fill the form of application of New PAN Card, it means that filling Instruction which are in English and Hindi also. Now, taxpayee feel that why the Income Tax Department issued New PAN Application Forms i.e. Form 49A and Form 49AA. The details regarding new PAN application is as follows:

Free Download Facility:

New Application Form 49A and 49AA (Click Here)

Notification Regarding Form 49A and 49AA (Click Here)

Instruction to fill Form 49A and 49AA (Click Here)