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Form 49B

Form 49B is an application for the allotment of TAN number or collection and deduction account number under section 203A of the Income Tax Act, 1961. Registration of TAN is necessary for all people who need to deduct TDS on their transactions.

What Is TAN?

Tax Deduction Account Number or Tax Collection Number is a 10 digit alpha-numeric number that the income tax department issues. TAN must be obtained by all the people who are needed to deduct tax at source (TDS) or those who are required to collect tax at source (TCS).

How To Apply For The TAN?

You can apply for a new TAN by filling and submitting Form 49B. This can be done through any facilitation center, which is meant for receiving e-TDS returns. An entity can apply for TAN either by visiting the income tax department or through the official website of the income tax department online. You do not have to submit any supporting documents in case of applying offline to the income tax department. However, when you are applying online, you will have to save and send the acknowledgement that is received after submitting the Form 49B to the Income Tax Department.

What Is The Online Procedure For TAN Application

The online procedure involved in applying for a new TAN is as follows:

  • Go to the website: https://tin.tin.nsdl.com/tan/
  • FORM - 49b
  • Then, click on ‘Online Application for ‘TAN (Form 49B)’
  • You will be redirected to Online Application for TAN (Form 49B).
  • Form 49bform 49b
  • Scroll down and select Category of Deductors from the dropdown box
  • The page is forwarded to Form 49B.
  • form 49b
  • Now, the applicant has to fill in the accurate and complete details in Form 49B.
  • Click submit after filling the form.
  • Post doing so, a confirmation screen with all the details filled in is shown.
  • The applicant has to double-check the details entered before submitting the form.
  • If any alterations are required, the applicant can make the changes.
  • However, if there are no changes, the applicant can submit the form.
  • An acknowledgement is sent upon submission of the form.
  • The acknowledgement consists of a unique 14 digit acknowledgement number, status of the applicant, name of the applicant, contact details, details about payment, and space for the signature of the applicant.
  • The applicant must save the acknowledgement and take a printout of the same.
  • The Applicant must sign or put the left thumb impression in the box present on the printout.
  • If the left thumb impression is used, it should be attested by a magistrate or a notary public or the gazetted officer with the official seal and stamp.
  • Post this, the acknowledgement slip should be sent to Protean eGov Technologies Limited along with the required documents.

How To Apply To Form 49B Through Offline?

Applicants who are not able to submit Form 49B through the online process due to various issues such as network issues can apply for this form via the offline process. Below is the step-by-step guide for the offline method:

  • Download Form 49B from the NSDL portal
  • Specify all your personal and obligatory details.
  • The specified details must pertain to your documents.
  • The declaration should be made by the applicant.
  • The details furnished above are correct to the best of our knowledge.
  • The date and place should be specified along with the signature or the left thumb impression of the applicant.
  • The magistrate or the gazetted officer must attest the left thumb impression with the official seal and stamp. Review all the specified details in the form and submit it along with all your essential documents in the nearest NSDL or UTIITSL office.

What Are The Contents of Form 49B

  • Select the information of the office name, office address, the kind of government it comes under, the designation of the person who will pay tax on the behalf of the entity, division of the company, company branch, and details about whether the TAN is in the name of an individual or HUF.
  • Select the address of the entity that encompasses the complete address, such as the street name, block number, state town, street number, state area, town, etc.
  • Details about the nationality of the deductor.
  • The PAN or the permanent account number has to be specified.
  • If pertinent, the PAN (permanent account number) has to be mentioned.
  • The current tax deduction number and existing tax collection number have to be filled in this section.
  • The date on which the form has to be submitted has to be given.
  • The tax collector or the deductor has to furnish the details about the assessing officer.
  • These details if not available can be taken from the income tax website.
  • Blank sections should not be present and the Form 49B should be filled completely. IF there are blank sections, the form will not be considered.
  • The person who is filing and submitting the tax should ensure to list his/her designation. It is compulsory for the tax filer.
  • The applicant’s address should be an Indian address.

What Are The Instructions For Filing Form 49B?

The following are the instructions for filing Form 49B:

  • Form 49B has to be filled in English
  • It has to be filled in block letters
  • You should fill one character in each box. This includes the alphabet /number/punctuation mark. This will give better clarity and readability
  • If you use your left hand impression, the form should be attested by a magistrate or a notary public or a gazetted officer. You must have the official seal and stamp.
  • Deductors and collectors must give details of the assessing officer (TDS/TCS) in the application form. These details can be obtained easily from the income tax office.
  • Also, the deductor/collector must fill the range code, AO Number, Area Code, etc.
  • These details can also be obtained from the TIN Facilitation Center (TIN-FC) or the income tax office.
  • Ensure that you fill the form completely.
  • It is essential to fill the field ‘Designation of the person responsible for making payment/collecting tax’ wherever appropriate.
  • The applicant’s address should be an Indian address only.

What Are The Documents Required For TAN Application?

If you make the TAN application online, you may need to send the printout of the acknowledgement obtained along with the demand draft to the income tax department. Whereas, if you apply offline, you may not require any documents except the physical form itself.

Payment For TAN

  • Applicants are required to make a payment when applying for a new TAN. The fee for TAN application is Rs. 65 = application charge of Rs. 55 plus 18% of goods and services tax. The applicants can pay the required fee through the following ways:
  • Demand draft:
  • Cheque
  • Credit Card/Debit Card
  • Netbanking

When the payment is made via demand draft or cheque, it should be done in favor of Protean eGov Technologies Limited - TIN.

Submission Of Form 49B

The applicant is required to send the acknowledgement form and the DD to the NSDL address specified below.

5th Floor, Mantri Sterling,

Plot No. 341, survey no. 997/8

Model Colony, Near Deep Bungalow Chowk

Pune - 411016

  • Applicants must send the form in an envelope by specifying Application For TAN (Your TAN Number) in the envelope.
  • The acknowledgement form along with the DD must be sent to the NSDL office. This must be done within a time period of 15 days once you apply for Form 49B.
  • The application can only be submitted if the acknowledgement form has the signature of the applicant along with the payment proof.

FAQs

1. Who can apply for a TAN Number?

Those who deduct tax at source (TDS) or those for whom it is necessary to collect tax at source (TCS). The first 4 digits of TAN are alphabets, the next 5 numeric, and the last an alphabet.

2. How can one download the TAN certificate?

Visit the www.incometaxIndiaefiling, Click on 'Know Your TAN', choose name under the TAN Search option, choose 'category of deductor', choose state, give the 'Name', give the registered mobile number, and click on continue.

3. What is the difference between TAN, PAN, and TIN?

TAN or tax deduction and collection account number which all entities must specify in their TDS/TCS documents. The Taxpayer identification number Or the TIN is a 11 digit numeric code that traders and dealers use when they take part in transactions that attract VAT. A PAN is a unique 10 digit alphanumeric code which every taxpayer in India must obtain. The income tax department issues the PAN. It is mandatory for every individual or firm that participates in economic activity that exceeds a certain financial limit in India.

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