ONLINE TAN REGISTRATION MANDATORY FOR ALL TAN HOLDER

One more step towards total computerisation of TDS system ,Income tax department now makes mandatory to register their TAN(tax deduction account number) online on Tin-Nsdl Site .The Basic reason as shown in the website are as under

Authenticated access (through user ID and password) will be provided to registered deductors. On login, the following will be available to the deductors-

1. view of the status of all statements filed;
2. download of consolidated quarterly e-TDS / TCS statement for preparation of correction statement; and
3. other functionalities related to quarterly TDS /TCS statement.

First facility as described above is already available without registration but I think ,in future this facility will be upgraded and can be used only after login .But as the process is Just launched so the process will take time.

Second facility is most useful and desirable ,the reason is that when a person required to revise their Etds return due to inconsistencies in Etds return ,the original data is required for amendments and correction but in some of cases original data is not available with the assessee due to various reasons.Moreover after furnishing the return to Tin -Fc ,if assessee has no back up of original return then revised return can not be prepared .so introduction of new facility is very useful for the Tan holder .

Other functionalities Might be relates to new ForM 17,and UTN number concept .

so In my view ,this is good step in right direction.

Now the Process "How To Register Your Tan"

General TAN registration should be done online at the website of the Tax Information Network www.tin-nsdl.com. Fields marked with (*) are mandatory. Select the values from the drop down wherever provided. Register all active TANs. Details of Deductor Mention details of deductor (TAN). Select appropriate deductor category from the dropdown. Mention PAN of deductor. Mention “PANNOTREQD”, in case PAN is not available i.e. deductor is not required to have PAN as per the statute. PAO Code and DDO Code are mandatory for deductor category “Central Government”. If PAO Code is not available then mention value “PAOCDNOTAVBL”. If DDO Code is not available then mention value “DDOCDNOTAVBL”. For PAO Registration number, mention registration number allotted, if any, by Central Record Keeping Agency (CRA) under New Pension Scheme (NPS). For DDO Registration number, mention registration number allotted, if any, by Central Record Keeping Agency (CRA) under New Pension Scheme (NPS). Contact Details of Deductor Mention demographic details of deductor (TAN) i.e. complete address and contact details. Provide valid email id and telephone no. / mobile no. Provide details of responsible person and designation. Statement Details Mention details of any regular e-TDS / TCS quarterly statement accepted in TIN on or after April 01, 2008. Check the status of e-TDS / TCS statement at the Quarterly Statement Status available at the TIN website by entering the TAN and Provisional Receipt Number of the statement before providing statement details. For entering statement details you may refer the Provisional Receipt issued at the time of acceptance of the e-TDS / TCS statement. Generation of Acknowledgement After filling up the information, click “submit”. On submission of details if system shows any errors, rectify and re-submit the form. A confirmation screen with all the data filled by the user will be displayed. The same can be either confirmed or edited. On confirmation, an acknowledgement number will be displayed. Print the acknowledgment and preserve the same for future use. For future correspondence mention the TAN registration number provided by TIN along with the TAN. You can re-generate the “Acknowledgement for TAN Registration” by registering again. Tan Regsitration page demo is given in the Image below. Link to on-line Tan registration(click here)

FEED READER TO SAVE IN PDF ,FIRST CLICK ON POST TOPIC LINK FIRST ,OTHERWISE INVALID URL ERROR WILL BE SHOWN.FURTHER YOU HAVE TO WAIT AT LEAST ON MINUTE FOR SAVING

ONLINE TAN REGISTRATION MANDATORY FOR ALL TAN HOLDER