TAN registration is very important for business. TAN stands for Tax Deduction and Collection Account Number. TAN is 10-digit alphanumeric number and issued to persons who are required to deduct tax or collect tax as per provisions of TDS/TCS on payments made by them.
The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government by quoting their own TAN. Salaried employees are not mandated to obtain TAN and deduct tax at source. Hindustan Tax Solutions can help you obtain your TAN registration quickly and hassle-free.