#tin-nsdl

[acutenetworks1]

Acute Networks is a trusted TIN Facilitation Center in Mohali, authorized by NSDL. We offer seamless assistance with PAN applications, corrections, and TIN-related services. Our expert team ensures quick and accurate processing of tax identification needs for individuals and businesses. With a commitment to compliance and efficiency, we simplify the tax process for our clients. Choose Acute Networks for reliable TIN and PAN facilitation in Mohali.

[saptaxhub]

How do I file TDS for a company?

Filing Tax Deducted at Source (TDS) is an essential compliance task for companies in India. It ensures that taxes are collected at the source of income and remitted to the government. If you're looking for guidance on how to file TDS for your company, this article provides a step-by-step approach to help you navigate the process efficiently. At SAP TAX HUB, we offer expert TDS Filing Services in Delhi to make this task seamless for businesses.

Step 1: Obtain a TAN

The first step in filing TDS is to obtain a Tax Deduction and Collection Account Number (TAN) from the Income Tax Department. This number is mandatory for deductors and can be obtained online by filling out Form 49B on the NSDL website. Once you have your TAN, you can proceed with TDS compliance.

Step 2: Deduct TDS at the Correct Rate

TDS must be deducted at the prescribed rates on various payments such as salaries, interest, dividends, rent, and professional fees. The rates are specified under different sections of the Income Tax Act. Ensure you refer to the latest TDS rates and deduct the appropriate amount before making any payment.

Step 3: Deposit TDS with the Government

The deducted TDS must be deposited with the government by the 7th of the following month. This can be done online through the NSDL website using Challan 281. Ensure you accurately fill in the details such as TAN, assessment year, and the nature of payment while making the deposit.

Step 4: File TDS Returns

Filing TDS returns is a crucial step in TDS compliance. Companies are required to file quarterly TDS returns in Form 24Q for salaries and Form 26Q for other payments. The due dates for filing these returns are:

Quarter 1 (April-June): 31st July

Quarter 2 (July-September): 31st October

Quarter 3 (October-December): 31st January

Quarter 4 (January-March): 31st May

These returns can be filed online through the TIN NSDL portal. Ensure all details such as deductee details, TDS deducted, and TDS deposited are accurately reported.

Step 5: Issue TDS Certificates

After filing TDS returns, companies must issue TDS certificates to the deductees. Form 16 is issued for salaries, and Form 16A is issued for other payments. These certificates should be provided to the deductees by 15th June for the previous financial year.

Conclusion

Filing TDS can be a complex process, but with careful attention to detail and adherence to timelines, it can be managed effectively. For businesses seeking professional assistance, SAP TAX HUB offers expert TDS Filing Services in Delhi. Our team of experienced professionals ensures compliance with all TDS regulations, helping your business stay on the right side of the law.

For more information or to avail our services, contact SAP TAX HUB today and streamline your TDS filing process.

[pmohantyblog]

TAN Registration and Process: A Comprehensive Guide | Legal Terminus

The Income Tax (IT) department assigns the Tax Deduction and Collection Account Number (TAN) to entities and individuals who are responsible for deducting or collecting taxes on behalf of the government. It is a unique alphanumeric code and serves as an identifier for tracking tax deductions, ensuring proper tax collection, and facilitating efficient tax administration. Individuals and businesses that are responsible for deducting or collecting taxes have to apply for a TAN number and do TAN registration.

The Purpose of TAN

The main objective of TANs is to ease the filing and processing of tax returns and ensure adherence to tax laws and regulations. TANs allow tax authorities to precisely identify taxpayers, monitor their tax obligations, and streamline tax collection procedures.

Who is required to apply for a TAN?

Entities and Individuals responsible for deducting or collecting taxes on behalf of the government should apply for TAN. One can apply for TAN registration both online and offline.

Composition of TAN

The TAN is made up of ten characters, including letters and numbers, in the following manner:

The first four characters are letters. The first three letters show where the TAN is from, and the fourth one is the first letter of the person or company getting the TAN.

The next five characters are numbers. These numbers are unique and system-generated.

The last character is a letter. It's also unique and system-generated to finish the TAN.

Uses of TAN

TAN is utilized for various tax-related activities, including:

Tax Deduction at Source (TDS): Entities holding a TAN deduct taxes at source from payments made to contractors, employees, or vendors as per the prevailing tax rates and remit the deducted amount to the government.

Tax Collection at Source (TCS): TAN is also used by entities collecting taxes at source on specific transactions, such as the sale of goods, the sale of motor vehicles, etc., and remitting the collected taxes to the government.

Process to apply for TAN registration offline:

To apply for aTAN registration offline, first get Form 49B, then fill it out and submit it to any TIN Facilitation Centre (TIN-FC). Make sure all the information is correct; otherwise, the form will be rejected. If you need help, the TIN-FC can assist you. You can find their addresses on the NSDL-TIN or NSDL websites.

The process to apply for TAN registration online:

Applicants can apply for TAN online through the NSDL website. They should follow the instructions, fill out the online form, and submit it, paying the appropriate fee. After submission, they'll receive an acknowledgment number, which they must print and send to the NSDL head office. Once the IT department approves the application, NSDL will email or send the TAN details to the address the applicant provided on Form 49B.

Conclusion

TAN is required for every person or business responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS). The Income Tax Department provides this unique alphanumeric code, which is used as a tracking tool for tax deductions and collections. 

Would you like to get your TAN? Hurry up! Legal Terminus can provide valuable assistance in smoothly and efficiently handling your TAN registration. Our experts ensure a hassle-free and timely transition, helping you fulfill your legal and regulatory obligations effectively. Reach out to us now to take advantage of our expert services and free consultation.

[ebizfiling01]

Process of TAN Registration and Benefits

What are the process and benefits of the Tax Account Deduction Number (TAN)?

Introduction

The Tax Deduction and Collection Account Number, commonly referred to as TAN, is a crucial alphanumeric identifier issued by the Income Tax Department of India. Mandatory for entities to comply with Indian income tax laws, this blog explores the structure of TAN numbers, the filing application process, and the associated benefits.

What is TAN Application?

The TAN, a 10-digit alphanumeric number, is essential for withholding and depositing taxes at the source. Individuals, organizations, and businesses obtain this special identifier from the Income Tax Department of India when required to withhold or collect taxes at the source.

To apply for a TAN Number, one must submit a correctly filled Form 49B along with required documents and the application fee. Applications can be submitted online through NSDL or UTIITSL portals. The Income Tax Department issues the TAN upon processing and verifying the application, ensuring compliance with Indian income tax laws for all entities.

Structure of TAN Number

The TAN number follows a specific structure: ABBBB89899C

1. City or State Code: The first three characters represent the city or state where the TAN was issued, aiding in identifying the location of the TAN holder.

2. Initial Letter: The fourth character corresponds to the tax deductor’s initial letter.

3. Numeric Numbers: The next five characters are system-generated numeric numbers without specific significance.

4. Check Digit: The last character is an alphabetic number, acting as a verification digit for accuracy and integrity.

Process of Registering for TAN Application

A. Application Process

Fill out Form 49B online and submit it.

Rectify any errors before resubmission.

Confirm provided information or edit as needed.

B. Acknowledgement

Upon successful confirmation, receive a screen displaying a 14-digit acknowledgment number, applicant’s status, contact details, payment details, and a designated area for the applicant’s signature.

C. Payment

The processing fee is 65.00, including an application charge and 18.00% Goods & Services Tax. Payment methods include demand draft, cheque, credit card/debit card, or net banking.

D. Submission

1. Sign the acknowledgment form and send it to the designated address which is 

Protean e-Governance Infrastructure Limited 5th floor,

Mantri Sterling Plot No. 341, Survey No. 997/8

Model Colony Near Deep Bungalow Chowk

Pune – 411016.

2. Write “APPLICATION FOR TAN – Acknowledgment Number” on the envelope.

3. Ensure the documents reach the TIN-Facilitation Centre within 15 days for processing.

Benefits of TAN Registration

1. Receive notifications from the Income Tax Department regarding TCS and TDS.

2. Authenticated login area for secure access to TCS and TDS information.

3. Download the latest Input File for correction statement preparation and check challan status online.

4. Receive a statement showing the status of TDS for monitoring and managing obligations.

5. Simplify reconciliation of TDS to a TAN holder according to Section 200A for proper reporting and compliance.

6. Easily upload e-TDS returns online for streamlined compliance and reporting.

7. Simple and easy registration and verification of TAN details.

Conclusion

Much like the importance of the Tax Deduction and Collection Account Number (TAN) for complying with Indian income tax laws, GST return filing process is a vital aspect for businesses operating in India. Obtaining a Tax Deduction and Collection Account Number (TAN) is a fundamental requirement for entities involved in tax deduction and collection in India. It ensures streamlined tax processes, compliance with tax laws, and minimizes legal risks, allowing entities to efficiently manage tax-related activities. 

[the-best-guide]

Track Your PAN/TAN Application

#SMS Feature:-

Applicants can track the status of their application through their phone using a special SMS service. This can be done by sending an SMS to NSDL PEN followed by their 15 digit receipt number 57575. They will receive an SMS indicating the status of their current application.

# Telephone conversation: -

Applicants can call on TIN Call Center to get updates about the current application status. Anyone can contact this call center at 020-27218080 and provide their application receipt number.

# Online Tracking: -

1. Applicants can choose to track their application online through the official website of TIN-NSDL.

2. On the NSDL website, you can track the status of your application as well as your payment status.

3. To track your PAN card application, you can click on "Track your PAN/TAN application status" at the bottom of the PAN card.

4. Visit the official NSDL PAN Card page

5. Choose your application type

6. Enter your receipt number.

7. Enter your name and date of birth

8. Click on submit to view your status.

9. Find out the status of your payment by clicking on "Trace Your Credit Card Transaction Status for Online Application".

10. Enter your transaction number or receipt number.

11. write your name

12. Enter your date of birth.

13. Click "Show Status" to view the status of your transactions.

14. When you pay by credit card, debit card, or net banking, your transaction number will be displayed on the screen.

READ MORE:

[finance-focus]

A step-by-step guide to applying for a minor PAN card online and offline

Introduction 

PAN is a one-of-a-kind identifier used to identify financial transactions and is required for submitting income tax returns. This post will walk you through how to apply for a minor PAN card online and offline.

PAN (Permanent Account Number) is a 10-digit alphanumeric identifier provided by the Indian Income Tax Department to all people, businesses, and other organizations in India who pay taxes. 

What is a Minor PAN Card?

A Minor PAN Card is a PAN card that is provided to those who are under the age of 18. It is used to monitor financial transactions and is a legal form of identification for children. A Minor PAN Card is identical to a conventional PAN card but includes a few extra facts, such as the guardian's name. Let’s see how to apply for minor pan card. 

Step-by-Step Guide to Apply for a Minor PAN Card Online

Visit the official website of the NSDL (National Securities Depository Limited) or UTIITSL (UTI Infrastructure Technology and Services Limited) for PAN card applications.

Click on the "New PAN Card (Form 49A)" option on the homepage.

Select the "Minor" option under the "Applicant Type" section.

Fill in the required details, such as the name of the minor, date of birth, and gender.

Enter the guardian's details, such as their name, PAN card number (if applicable), and contact details.

Upload the necessary documents for the minor and the guardian, such as proof of identity and address.

Review the application and make any necessary corrections.

Pay the application fee, which is Rs. 107 for Indian citizens and Rs. 989 for foreign citizens.

Apply and note down the 15-digit acknowledgment number for future reference.

The PAN card will be delivered to the registered address within 15-20 days.

Step-by-Step Guide to Apply for a Minor PAN Card Offline

Download Form 49A from the official website of the NSDL or UTIITSL.

Fill in the required details, such as the name of the minor, date of birth, and gender.

Enter the guardian's details, such as their name, PAN card number (if applicable), and contact details.

Attach the necessary documents for the minor and the guardian, such as proof of identity and address.

Pay the application fee, which is Rs. 107 for Indian citizens and Rs. 989 for foreign citizens.

Apply to the nearest UTIITSL or NSDL TIN-Facilitation Center.

The applicant will receive an acknowledgment receipt containing the 15-digit acknowledgment number.

The PAN card will be delivered to the registered address within 15-20 days.

Documents Required for Minor PAN Card Application

Proof of identity of the minor - birth certificate, school certificate, passport, etc.

Proof of address of the minor - school certificate, passport, ration card, etc.

Proof of guardian identity - PAN card, Aadhaar card, passport, etc.

Proof of address of the guardian - Aadhaar card, passport, utility bills, etc.

Points to Remember

The guardian of the minor can only apply for a Minor PAN Card.

The guardian's PAN card number is mandatory for the application.

The minor's photograph is optional for the application.

If the minor turns 18 years old before the PAN card is issued, the minor PAN card will be invalidated, and a regular PAN card can be applied for.

Conclusion 

A Minor PAN Card is a valid form of identification for minors and is used to track financial transactions. Minors need to have a PAN card, as it is required for various financial transactions, such as opening a bank account, investing in mutual funds, etc. Applying for a Minor PAN Card can be done online or offline, and the process is straightforward. The required documents for the application include proof of identity and address for the minor and the guardian. The application fee is Rs. 107 for Indian citizens and Rs. 989 for foreign citizens. The PAN card is delivered to the registered address within 15-20 days of applying. A Minor PAN Card is an essential document for minors in India. A Minor PAN Card helps minors build their identity and document various financial transactions. 

Summary 

By following the step-by-step guide in this article, parents or guardians can easily apply for a Minor PAN Card for their child. It is essential to ensure that all the required documents are in order and that the application fee is paid to avoid delays or rejections.

[webtelsblog]

Top 5 TDS Software in India

Filing TDS Returns can be a difficult task and finding the right TDS Filing Solution can help you simplify the task of filing TDS/TCS returns. For a CA or tax practitioner firm, having reliable TDS software, and good practice management software is essential. These tools can help to streamline processes, save time, and ensure accuracy in TDS Deduction.

Here is our countdown on the 5 best TDS Software in 2023,

Webtel’s Web-e-TDS

Webtel’s Web-e-TDS Software is the best TDS filing solution for your business. It offers a comprehensive range of features, including the ability to generate ITR forms 1, 2, 3, 4, 5, 6, and 7 e-returns and paper returns, generate tax audit reports in Form 3CA, 3CB, and 3CD, directly import Form 26 AS information, digitally sign income tax returns and other forms, and bulk upload and e-file ITRs. Additionally, the software enables easier calculation of income tax, MAT, MATC, total income, Interest u/s 234A, 234B, & 234C, Late Filing Fees u/s 234F, Deductions, HRA, NSC, Rebate u/s 89, advance tax, and self-assessment tax.

One-stop Solution for all your TDS/TCS Management and ‘e’ Filing Needs.

TRACES Integration

Power-Packed Facilities

Import/Export Utility

Auto-Update Utility

Return Generation

Web-e-TDS is an authorized TDS service provider by NSDL, making it the perfect choice for filing e-TDS and e-TCS returns. It offers a range of features, including the ability to generate e-returns and paper returns for Form 24Q, 26Q, 27Q, and 27EQ, generate original and revised TDS/TCS statements, generate e-TDS/e-TCS returns through Excel utility in case of bulk data, register TAN online at TRACES/TRACES Dashboard, download/generate Form 16, 12BA, 12BB, Quarterly 16A & 27D, and multi-user option. It also facilitates easy corrections in already filed e-TDS returns. With Web-e-TDS, you can be sure of a hassle-free and secure filing experience.

TDSMAN Software

TDSMAN Software is designed to meet the exacting requirements of NSDL, offering a range of versions from Standard to Enterprise. It is the perfect solution for generating e-TDS & e-TCS returns for 24Q, 26Q, 27EQ, and 27Q forms, as well as TDS and TCS certificates.

The benefits of TDSMAN are numerous, from its power-packed convenience to its ability to cover all financial years and support unlimited deductors. Depending on the version purchased, users can store unlimited records, and easily import and export data. Multi-user versions are also available.

TDSMAN also offers a range of default analysis features, such as late payment interest calculations, late fee calculations, late deduction interest calculations, challan validation, and PAN verification. Plus, users can enjoy the convenience of reminders for compliances, auto-update software, and a file validation utility.

Saral TDS Software

Saral TDS Software is the perfect solution for professionals, corporations, and institutions looking for a comprehensive TDS filing solution. With Saral TDS, you can easily verify PANs, generate regular statements, and make corrections to returns with ease. Additionally, you can file TDS returns accurately and without any hassle, verify challans, check TDS rates and thresholds, and import and export data with ease.

Saral TDS also offers a range of additional features to make filing TDS returns even easier. These include an auto challan linking feature, detailed MIS reports, a full history of e-returns filed, TAN-based file management, a list of Tin facilitation centres, a proper backup and restore feature, and inbuilt Java.

With Saral TDS, you can purchase the features you need to make filing TDS returns a breeze. Get the comprehensive TDS filing solution you need today with Saral TDS Software.

Zen E-TDS Software

Zen E-TDS Software is a user-friendly and easily accessible software that simplifies filing TDS returns. You can purchase this software through its official website, with prices varying according to the version you choose. Its significant features that will save you time include:

The ability to not only prepare but also validate the e-return file. Generation of various forms such as Form 16, 16A, 15G/H, 26Q, 24Q, 24G, 49B, etc. Preparation of multiple correction statements that keep records and enable error tracking in returns. Identification of wrong PANs through the PAN verification feature. Generation of various MIS reports such as salary reports, challan reports, return status reports, statement analysis reports, etc. Online features such as uploading TDS statements, new deductor registration, PAN verification, Challan verification, and TAN registration. A bank code list is available in the software, with data, easily imported and exported. Monthly calculation of TDS, making return filing a breeze.

Zen E-TDS Software is the perfect solution for anyone looking to streamline their TDS return filing process. With its user-friendly interface, comprehensive features, and time-saving capabilities, it is the ideal choice for anyone looking to make their filing process easier and more efficient.

CompuTDS

CompuTDS is the perfect software for CAs looking to streamline their workflow. It offers a range of features that make it a popular choice, such as:

Easy preparation of E-TDS and E-TCS returns, as well as corrections in forms such as 24Q, 26Q, 27Q, 27EQ, and 26QA.

Automatic preparation of forms such as 15G, 15H, 15I, and 15J.

Hassle-free data import and export.

TAN registration, preparation of TAN application, and modification.

Maintenance of records, e-payment of challan, and generation of digitally signed form 16/16A.

Generation of TDS/TCS certified forms 27D, 12BA, 16, and 27A.

CompuTDS makes it easy to complete tasks quickly and efficiently, freeing up time to focus on other aspects of your business. With accurate work delivered in a timely manner, you can attract more clients and grow your firm.

Software is many in the market, but it is the choice that matters. If the selected software is customized, it will be very useful for your business. The standard software also works best if they are fulfilling your requirements. The software that boosts the growth of your firm by saving time should be bought. The clients need faster results and with the help of software, you can provide them with not only accurate but faster results. This way clients will increase and automatically the success and growth of your firm will increase.

Get the best TDS Software in India: Webtel’s Web-e-TDS

[rpgassociatesblog]

If you are getting confused about e-TDS/TCS Online Registration Services, then RP Gupta & Associates can assist you to file accurate tax payments against your business or income. The company has a team of Company Secretaries, CAs, Cost Accountants, Lawyers, Financial Experts, and Ex-Bankers. Call us:+91-8445680000

[acutenetworks1]

Acute Networks is a trusted TIN Facilitation Center in Mohali, authorized by NSDL to provide seamless PAN card services and TIN-related support. Our services include PAN card applications, corrections, and re-issuance for individuals and businesses. With a team of experts, we ensure quick and hassle-free processing of TIN and PAN requests. We are committed to delivering reliable solutions for all your tax identification needs. Choose Acute Networks for efficient and professional TIN facilitation services in Mohali.

[pancardcanada]

Pan Card Apply Online: How to Apply for PAN Card Online

Pan (Permanent Account Number) is a unique10-digit alphanumeric code gave by the annual expense office through which critical data with respect to a person's assessment of paying capacities and pay status can be tracked.PAN card is substantial for a lifetime and is significantly allocated to those covering charges. The IT office keeps a record of the equivalent and is an indispensable ID Proof that is mandatory to open a ledger, apply for a charge or Mastercard, apply for an advance, open a FD (Fixed Deposit) or an RD (Recurring Deposit), pay for protections and for some other monetary exchange started by the person.

Pan card can likewise be benefited by organizations and association firms and is required for everybody petitioning for annual assessment discounts. Anybody, minors, understudies, NRIs can benefit the PAN card and connection it with their financial balances for its recipient components.

TIN-NSDL (Tax Information Network – National Securities Depository Ltd.) is a named element by the Income Tax Department, Government of India which facilitates the application cycle of PAN Card from the solace of your home. Regardless of whether the solicitation is identified with another utilization of a PAN Card or an application to make revisions in a current PAN Card, TIN-NSDL is consistently at its best to help in helping the general society of India in their administrations.

Various sorts of PAN card

Pan cards can be benefited by any person of all ages and circles, any organization, trust, business firm, so, any substance. In any case, it should be noted here that the variations of Form 49 gave and gave by the public authority are to be utilized for an assortment of purposes. here we can momentarily rattle off the sorts of PAN cards that can be benefited.

Dish card for Individuals

Dish card for Non-Resident Individuals or People of Indian Origin

Pan card for Foreign Companies/Corporates paying duty in India

Pan card for Indian Companies/Corporates

Pan  Card for Overseas Citizens of India (OCE) and Non-Resident Entities (NRE)

Significance of PAN Card

While we as a whole know at this point that it is compulsory to hold a PAN card significantly for documenting charge discounts, let us presently harp on a portion of the other key uses and favorable circumstances of the PAN card.

Recording Tax Returns

Business Registration

Monetary Transactions

Utility Connections

Opening Bank Accounts

Pan  Card Eligibility

As per the segment 139A of the personal assessment act, the accompanying substances are commanded to get allocated a PAN card:

Any person who has or is at risk to pay an assessment to the Income Tax Department.

Any individual doing a business or any expert practice which brings to him a yearly turnover of more than Rs 5 lakh or really during any of the long stretches of appraisal.

Any sorts of beneficent associations, trusts, and affiliations.

According to the Income charge act or some other common law, any merchants and exporters at risk to pay any type of assessment.

The installment can be paid utilizing net banking, portable financial utilizing charge or Visa or by essentially drawing an interest draft towards NSDL – PAN, Mumbai.

Supporting Documents Required according to administer 114(4) of Income Tax Rules, 1962:

To apply for another PAN Card:

For Indian residents (people):

Personality Proof – Photocopy of any of the Government-gave character records like Aadhaar Card, Voter ID, Arm's permit, Pensioner card with the person's photo.

Address Proof – Photocopy of any of the followng: Electricity charges, Landline bills, Broadband bills, Passport, Driving License, Matriculation Certificate, Aadhaar card, Domicile Certificate gave by the Government.

Date of Birth Proof – Photocopy of any of the accompanying records: Birth Certificate gave by the Municipality or any approved position, Matriculation Certificate, Passport, Driving License.

Aadhar Card Copy (If referenced as a proof report)

For Non-Indian Citizens (people):

Personality Proof – Photocopy of the Passport, PIO, OCI Cards gave by the Government of India, other public or citizenship Identification Number properly validated by the 'Apostille' or Indian Embassy or High Court or even the Consulate where the candidate is arranged.

Address Proof – Photocopy of the Passport, PIO, OCI card gave by the Indian Government, NRE financial balance proclamation in India, Registration declaration gave by the FRO, VISA without a doubt, arrangement letter from any Indian organization, ledger articulation of the candidate's private country.

In the event of alterations/revisions:

Dish Card duplicate or a distribution letter

Evidence of the change that has been mentioned – model, the difference in name, change of father's/spouse's name, change of date of birth, and so on

Significant Points to consider while filling the structure:

There are important variables to be mulled over while filling the structure; in any case, the solicitation can be ended by the specialists:

No Abbreviations ought to be utilized in the name (aside from center name)

No prefixes ought to be utilized like Shri, Dr, Col, and so on

In the event of an application for an extraordinary case who is a minor or a mentally powerless individual, RA subtleties – Representative Assessee ought to be joined

Confirmation of Identity, address, and date of birth should convey precisely the same subtleties as indicated in the application structure with no variety.

Steps to apply for a PAN Card Online – utilizing TIN – NSDL:

A PAN card can be applied in two different ways, the helpful and mainstream online technique, and the substitute route for those distant to the web, the disconnected strategy.

We in the following, not many advances will examine the interaction of online utilization of PAN cards.

Stage 1 – Visit the authority site of NSDL – http://www.pancardcanada.com/, and the individual should go to the administration's segment

Stage 2–Fill in the important subtleties on the structure as asked keeping the manual human test code as asked and other pertinent subtleties. At that point click on Submit

Stage 3–The Next Page will request significant data that ought to be kept convenient prior to filling the structure:

Pertinent Documents to apply for a PAN Card (as examined above) utilizing e-KYC or virtual endorsements.

Enter insights about contact subtleties, address, and type of revenue of the candidate

Imperative insights regarding the Assessing Officer (AO) to comprehend the duty ward the candidate meets all requirements for (information found on the actual site)

Transfer character advertisement KYC archives, photo, mark, and snap-on Submit.

Stage 4 – The necessary installment should be paid, and the versatile number should be checked to utilize an OTP.

Stage 5 – A receipt will be given, which conveys the 15-digit affirmation number (which should be noted). The equivalent ought to be presented on the NSDL office by means of post/messenger subsequent to marking it.

How to follow PAN Card Application Status?

The 15-digit affirmation ought to be appropriately noted down as this will help the candidate in following the status of the PAN card through:

The PAN deals with the monetary statuses as well as fills in as a character verification holding the exceptionally summed up and fundamental data like:

Name of the cardholder

Name of the cardholder's dad

Date of birth

Dish number (extraordinary 10-digit alphanumeric mechanized code)

Mark of the cardholder

Photo of the cardholder.

Pan Card is an essential archive that is considered responsible for practically the entirety of the exchanges made by a person. It is required for the citizens to approach a PAN card. By and large like TDS and other assessment-related situations, anybody difficult to reach to a PAN card needs to pay higher rates and pass up the different focal points offered by the association. It additionally falls under the obligation of all dependable residents to have straightforward exchanges and help the public authority from charge fakes.

also read:- apply for pan card Joliet

[lawgicalindia28]

How to apply for a TAN Card?

A TAN Card is an essential document for any individual who involved in deducting TDS (Tax Deducted at Source) or collecting TCS (Tax Collected at Source). However, the individual requirements are to mention the TAN details while filing the TDS or TCS returns. Banks also do not accept challans that

A TAN Card holds the 10-digit alphanumeric identification number of an individual collecting or deducting TCS or TDS. The TIN facilitation centers will only accept the TCS and TDS returns if the individual has valid TAN details. Therefore, individuals responsible for deducting or collecting tax at source must obtain a TAN card. Individuals required to dismiss tax under sections 194-IA, 194-IB, or 194M do not need to get TAN.

The account number for a tax deduction and collection is the TAN registration. An alphanumeric number with ten digits, the TAN number, can be applied for online. The individuals in charge of either collecting tax at the outset or withholding tax at the source must reach this amount. In all TDS or TCS returns, payments, certifications, yearly information statements, and other papers, it must be mentioned that you registered for a TAN number online.

Types of TAN Applications

There are two types of TAN applications:

Request for Correction in TAN Data: It authorises you to modify or edit TAN details.

Application for Issuance of TAN: Individuals without a TAN card can submit Form 49B for the same allowance. You can apply at the TIN facilitation centers established by NSDL or get online registration for TAN Number by filing an application.

Importance of TAN Card apply online

The income tax authorities employ tax deduction and collection account number. to track individuals' TCS/TDS transactions in a financial year. It's mandated while filing tax returns year to year. Failure to mention PAN

has to reimburse the fine of up to Rs. 10,000. Given below are some of the documents has to mention for the required PAN:

TDS return statements.

TCS returns statements.

TCS/TDS certificates.

Financial transaction statements.

TDS/TCS challans.

Now let's review the steps for the TAN card apply online.

Who are eligible for the TAN number apply online?

A TAN is a mandatory document required by individuals who deduct TDS or TCS. The TAN card apply online is compulsory for the below-given applicants:

Individuals who involve in TCS collection.

Companies.

Association of Persons.

Central Government/State Government, Local Authorities, Statutory Bodies.

Structure of TAN Card apply online

The TAN comprises 10 alphanumeric characters used to indicate the holder's information. The first four characters of the TAN are letters, the following five characters are digits, and the last character is again a number. Let's get t what each of these characters stands for:

The first three characters stand for the state where it issues the TAN. For example, the first three characters will be 'DEL,' which means tax deduction and collection account number issues in Delhi.

The 4th character of the number stands for the first initial of the cardholder.

The following five characters are a random combination of numbers.

The last character is again a random letter.

How to get online registration for a TAN number?

The following steps are for the TAN number apply online procedure:

Step 1: Visit the official NSDL-TIN portal.

Step 2: Click on 'TAN' from the 'Services' drop-down on the homepage.

Step 3: Click on the 'Apply Online' button.

Step 4: Click on the 'New TAN.'

Step 5: Carefully go through all the guidelines. Fill out Form 49B with all the                     required information. Click on 'Submit.'

Step 6: Then you go to the acknowledgment page, where it displays the following information

14-digit acknowledgment number.

Name of the applicant.

Applicant's status.

Applicant's contact information.

Payment details.

Box for signature.

Step 7: Save the acknowledgement and take a printout of the same.

Step 8: Send the printout and the supporting documents via mail or speed-post: NSDL e-Governance Infrastructure Limited, 5th floor, Mantri Sterling, Plot No.341, Survey No.997/98, Model Colony, near Deep Bungalow Chowk, Pune - 411016.

What Documents are required for TAN Card?

These are the documents required for online registration for TAN number.

A Duly Signed Acknowledgement Page

Demand Draft Within 15 Days of Application

However, individuals must forward the particular envelope with 'application for TAN' terms and mention the acknowledgement number.

How to Check TAN Card Status?

After the accomplishment, the TAN number apply online will help generate the acknowledgement number, which you can avail to track the status. Check the status using the below steps with your acknowledgement number:

Step 1: Visit the official 'TIN NSDL portal.

Step 2: Click on the 'TAN' from the 'Services' drop-down menu.

Step 3: Select the 'Know Status of Your Application' option.

Step 4: Enter the 14-digit acknowledgement number.

Step 5: Verify the captcha code and click on the submit option. It will then display the application status on the screen.

How much does it cost to online registration for a TAN number?

The cost for processing a TAN application is ₹65. This charge includes ₹55 as application charges, and 18% of GST also includes. However, individuals who reimburse the payment through net banking will also charge another ₹4 on top of GST. Moreover, additional charges of 2% for applicants when completing this transaction with a credit or debit card.

An acknowledgement slip indicates a successful payment.

Conclusion

In the end, as we know, a Tax identification registration number (TAN registration number) or tax identification number (TAN) is crucial for businesses that deduct tax at source and must mention it in TDS or TCS returns. TAN Card obtains by above mention procedure of getting a TAN number applied online for individuals.

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The easiest way to e-filing your TDS and ITR in India

There are 10 processes involved in Income tax return online -

· Determining whether you must submit an income tax return is the first and most important step. That is seen overhead.

· Compile all of the paperwork needed for the filing process. Verify the required papers that were mentioned before. Because the return is an annexure-less form, you are not needed to provide any supporting papers with it. However, be cautious in how you safeguard and maintain them.

· Open an email account or log in.

· Your Form 16 must be submitted to the website before your income, deductions, and TDS are automatically read and your income tax return is automatically pre-filled. If you don’t have Form 16, you can still file your taxes using a pay slip.

· Claim your HRA, LIC premium, and any other Section 80C expenses or deductions you may have overlooked before determining whether you must pay taxes.

· Pay any taxes owed. If you have any additional taxes due, you must pay them first before filing your tax returns electronically. If the return is filed on or before December 31 of the assessment year, a penalty of Rs. 5000 is assessed for late filing. If the tax is paid after December 31 of the assessment year, the penalty increases to Rs. 10,000.

· Verify the information again, then e-file your income tax return.

· You will get a 15-digit acknowledgment number on your screen as soon as you file your tax return online.

· Send ITR-V or e-verify your income tax return.

· Keep track of any refunds you might receive.

Benefits of filing Income Tax Returns:

· If your total income exceeds Rs. 5 lakhs, you should avoid a maximum forfeiture of Rs. 10,000.

· Obtaining a visa is a quick and simple process. Many consulates and embassies want an IT return for the previous three years.

· Depreciation and losses against the real estate can be carried forward.

· Get around tax notifications.

· As soon as you file, you can request a tax refund.

· Tax return records are evidence of financial investments and are helpful when requesting a loan or visa.

TDS Return Filing Online:

All assesses who fall under the tax bracket set forth by the Income Tax Department are required to file TDS returns. The official Income Tax e-filing platform may be used to submit the TDS returns electronically, which is necessary to do so.

The deductors are required to submit the TDS returns on time. TDS return filing may be done online. The payee’s Form 26AS will reflect the information after the TDS returns have been electronically filed.

The following list includes the different information needed for submitting TDS returns:

ü The Permanent Account Number (PAN) information for both the deductee and the deductor.

ü Details on the TDS challan.

ü The sum paid in taxes to the government.

ü Any further data that may be required.

How to file a TDS Return Online?

The following is a step-by-step description of how to submit TDS Returns online:

1. Form 27A, which has several columns, must be filled out first. If a printed copy of the form is filled out, it must be checked together with the electronically filed e-TDS return.

2. Next, the tax withheld at source and the total amount paid must be accurately filled out and added to the appropriate forms.

3. Form 27A must include the TAN of the company filing the TDS returns. Using the wrong TAN makes the verification procedure challenging.

4. The TDS returns must include the correct challan number, the payment method, and the tax information. There will be a discrepancy if the date of payments or challan numbers are given inaccurate information, and the TDS reports may need to be submitted afresh.

5. The standard form for submitting e-TDS must be followed as it will ensure uniformity. It is necessary to input the 7-digit BSR so that tallying is simple.

6. TDS returns must be physically submitted to the TIN-FC. All TIN-FCs are managed by the NSDL. If returns are filed online, they can be done so through the NSDL TIN’s main website. However, the deductor must utilize a level 2 digital signature if TDS returns are submitted online.

7. A token number or provisional receipt will be given if all the information supplied is accurate. This acknowledgment serves as proof that the TDS Returns were indeed submitted. A non-acceptance note is given together with the grounds for the rejection if the TDS Returns are refused. The TDS Returns must be submitted afresh in such circumstances.

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WHAT IS A PAN CARD AND IMPORTANCE OF PAN CARD?

Let’s see the importance of pan card, PAN stands for Permanent Account Number which is issued by the Income Tax Department. A PAN number is a unique ten-digit alphanumeric number utilized for various financial-related aspects. This laminated plastic card connects all the transactions made by an individual or an entity, thus preventing evasion.

WHO CAN APPLY FOR A PAN CARD?

Individual

Partnership firm

Company

Hindu Undivided Family (HUF)

Trust

Society

Note: proprietorship firms cannot obtain a Pan card. The proprietor’s pan can be used for business.

USES OF PAN CARD

A PAN card helps to identify the transactions of an individual or an entity.

These transactions take account of income tax, Tax Deducted at Source (TDS) credits or Tax Collected at Source (TCS) credits, personal transactions, etc.

It enables easy obtaining of PAN holder’s details and various investments, loans, and other business activities.

Documents required for Pan card

01.

Individual

Address Proof and ID Proof of the Individual

02.

HUF

Address Proof and ID Proof of the Karta

03.

Partnership Firm

Copy of Certificate of Registration issued by the Registrar of Firms or Copy of partnership deed.

04.

LLP

Copy of the Certificate of Registration issued by the Registrar of Firms

05.

Company

Copy of Certificate of Registration issued by the Registrar of Companies.

06.

Trust

Copy of the Registered Trust Deed

07.

Society

Society Registration Certificate

08.

Foreign National

Passport (or) Overseas Citizen of India (OCI) Card/Person of Indian Origin (PIO) Card, Bank Statement of the residential Country

HOW TO APPLY FOR A PAN CARD?

First login to the Government portal of TIN-NSDL and navigate to the PAN section under ‘Services’ to apply online.

Fill up basic details such as name, mobile number, and email id

You will now be moving on to the next page where you need to select the way to submit the documents for your PAN card application. The three options are either submitting the documents digitally using e-KYC and e-sign, submitting scanned images via e-sign, or forwarding documents physically.

At the next step you will have to fill in the details related to your source of income and your residential address.

Finally, enter information about the documents you have submitted as proof of your identity, address, and date of birth. You will also be asked to upload your photograph and signature

PAN CARD NUMBER EXAMPLE:

Pan card number is a ten-digit number with alphanumeric characters.

First three digits are random letters from AAA to ZZZ.

the Fourth digit defines your status, whether you are an individual or a partnership firm or a company

“P” denotes Individual

“C” denotes Company

“H” denotesHindu Undivided Family (HUF)

“A” denotes Association of Persons (AOP)

“B” denotes Body of Individuals (BOI)

“G” denotes Government Agency

“J” denotes Artificial Juridical Person

“L” denotes Local Authority

“F” denotes Firm/ Limited Liability Partnership

“T” denotes for Trust

Fifth digit says your name’s first letter of the last name or surname

Sixth to ninth digits are again random numbers from 0001 to 9999

And the last digit is alphabetical check number

VALIDITY OF PAN CARD:

The validity of a pan card is lifetime validity.

WHY DO YOU NEED A PAN CARD:

Buy or sell something which is valued at more than 5 lakhs

Open a current or savings account in a bank

To get a debit or a credit card

To get loans

Opening deposits (such as fixed deposit or time deposit) of more than 50 thousand in a bank or post office

Invest in the stock market or mutual funds

For telephone connection

Often used as a proof

LOSS OF PAN CARD:

File the complaint in the police station and get an FIR copy (it prevents you from fraud)

Go to the nearby PAN office

Fill out the Form 49A with correct details

Attach the ID proof, address proof and paste the passport size photo

With the documents put cheque or DD for payment

Envelop it and post it to PAN headquarters

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How to pay ITR online in India?

The ITR, or income tax return, includes all sources of income. People who earn a particular amount of money are required to file income tax forms. IT returns are useful for claiming deductions and calculating annual tax liability.

The Income Tax Department of India requires companies, HUFs, and self-employed people to file income tax returns.

The deadlines for submitting income tax returns are December 31, 2021, and February 15, 2022. If an Assessee fails to file an ITR by the deadline, he or she may be subjected to harsh penalties.

Individuals who are required to pay their taxes on time can do so by following the steps below:

The first step is to log in.

Visit the Internal Revenue Service's official website (TIN NSDL website).

Step 2: Make an online payment: Select 'e-payment' from the drop-down menu.

Step 3 - Number 280 Challan: To pay your overdue income taxes, go to 'Challan 280.'

Step 4 - Form Fill up: Fill out the form completely, including your Permanent Account Number, assessment year, name, address, phone number, and email address, among other things.

Step 5 - Tax Type: Next, you must select the type of tax that applies, which is usually advance tax or tax on regular assessment.

Because you may have already received an intimation from the Income Tax Department to pay additional taxes, you must pick 'tax on regular assessment' in your situation.

6th Step - Bank: Choose the bank to which you want to send your tax payments.

Step 7 - Online Payment: To proceed to the online payment portal, click the 'proceed' option.

Payment Gateway (Step 8): Most banks' payment gateways are unique, with a variety of alternatives for making an online payment.

As a result, complete the payment in the appropriate manner.

Step 9 - Payment Receipt: A receipt will be instantly generated. Keep a soft copy of this receipt for future reference and contact with the department.

Different type of Income Tax service provided by Easifyy:-

Firm ITR

Society ITR    

ITR Filing     for NGOs

Trust ITR

Limited     Company ITR

ITR     Filing for Company/LLP

Special     Finacial Transaction Return

Bulk     Return Filing

TDS     Return on Salary Payment

Non-Resident     Indian (NRI) ITR

Residents     with foreign Income ITR

Filing     of ITR for Sale of ESOP or RSU

Capital     Gains or Tax Relief under Section 89 ITR

ITR     Filing Salaried

ITR     Filing for Professional/Proprietor

TDS     Return on all payments other than salary

TDS     Returns - Payments outside India

TCS Returns    

Permanent     Account No. (PAN)

Tax Audit     Form

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TIN NSDL OLTAS System Challan Status Inquiry, Income Tax, Verification