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cancellation of tan no due to closure of business

Satish Kavitake (389 Points)

06 April 2018

any one please guide on how to a cancel tan no as person has closed his business

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2 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 06 April 2018

the deductor has to make an application with the jurisdictional A.O. (TDS), on a plain paper, requesting for cancellation of TAN and state reasons for such a request.

Please confirm with others also.

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Nitin Gupta (Student CA IPC / IPCC) (193 Points)
Replied 06 April 2018

Cancellation/Surrendering of TAN can be done in two situations;

CASE 1- Where duplicate TAN has been allotted;

CASE 2 – Where TAN allotted, is not required anymore by the assessee/deductor.

In CASE – 1, the deductor has to approach the NSDL for cancellation of the ‘Duplicate –Unused TAN. For this, an application Form, which is applicable for ‘Changes & Correction of TAN’ needs to be used. The same can be downloaded from the NSDL website and is also available with TIN-FCs/other vendors. The application can be made online as well as in physical form. In this way, the ‘Duplicate TAN can be cancelled.

In Case 2, the deductor has to make an application with the jurisdictional A.O. (TDS), on a plain paper, requesting for cancellation of TAN and state reasons for such a request.