TAN Registration is crucial for individuals engaged in Tax Deduction or Collection at source, facilitating TDS payments, and issuance of TDS certificates.

Tax Deduction and Collection Account Number (TAN) is a prerequisite for those involved in Tax Collection at Source (TCS) or responsible for Tax Deduction at Source (TDS). This 10-digit alphanumeric identifier, issued by the government through Form 49B, ensures seamless TCS and TDS operations on behalf of the government. Salaried employees need not register for TAN. Following TDS, a TDS certificate is issued as proof, and the TAN number must be quoted in all relevant TDS/TCS transactions.