TAN Number

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Ajay

Ajay (Querist)
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20 September 2007 TAN Number is Compulsory in case of Comancy

CMA Gul S

CMA Gul S (Expert)
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20 September 2007 Yes TAN Number is compulsory in case of Company

CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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20 September 2007 No, As per Income Tax Act : "All those persons who are required to deduct tax at source or collect tax at source on behalf of Income Tax Department are required to apply for and obtain TAN"

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CA. Dashrath Maheshwari

CA. Dashrath Maheshwari (Expert)
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20 September 2007 PLEASE READ : Section 203A. (1) Every person, deducting tax or collecting tax in accordance with the provisions of this Chapter, who has not been allotted a tax deduction account number or, as the case may be, a tax collection account number, shall, within such time as may be prescribed98, apply to the Assessing Officer for the allotment of a tax deduction and collection account number.

(2) Where a tax deduction account number or, as the case may be, a tax collection account number or a tax deduction and collection account number has been allotted to a person, such person shall quote such number

(a) in all challans for the payment of any sum in accordance with the provisions of section 200 or sub-section (3) of section 206C;

(b) in all certificates furnished under section 203 or sub-section (5) of section 206C;

99[(ba) in all the quarterly statements prepared and delivered or caused to be delivered in accordance with the provisions of sub-section (3) of section 200 or sub-section (3) of section 206C;]

(c) in all the returns, delivered in accordance with the provisions of section 206 or sub-section (5A) or sub-section (5B) of section 206C to any income-tax authority; and

(d) in all other documents pertaining to such transactions as may be prescribed in the interests of revenue.]