Procedure for close of tan
This query is : Resolved
07 March 2012
Hello,
If business is closed and there is no requirement of TAN then whether it is possible to close the TAN and if yes what is the procedure to do the same?
Thanks
If business is closed and there is no requirement of TAN then whether it is possible to close the TAN and if yes what is the procedure to do the same?
Thanks
08 March 2012
You should imediately surrender your TAN using Same form 49B other wise you will file quarterly return.
09 March 2012
Cancellation of TAN can be done in two cases.
1. When you have been allotted more than one TAN and you want to surrender the excess TAN Number received.
2. When TAN is no more required.(due to closure of business or any other reason)
In the case of first example where you have received more than one TAN. Application form for Change and Correction is enough to surrender the TAN.
Whereas in the case of Second Example there is no form prescribed as such but, You need to intimate your Assessing Officer on a Plain paper writing that you want to surrender your existing TAN. This will be enough.
1. When you have been allotted more than one TAN and you want to surrender the excess TAN Number received.
2. When TAN is no more required.(due to closure of business or any other reason)
In the case of first example where you have received more than one TAN. Application form for Change and Correction is enough to surrender the TAN.
Whereas in the case of Second Example there is no form prescribed as such but, You need to intimate your Assessing Officer on a Plain paper writing that you want to surrender your existing TAN. This will be enough.
09 March 2012
The forms for Changes and Correction can be downloaded from NSDL website and can be uploaded online
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Eway bill not cancelled within 24 hous what can be due
- Filling ITR - U
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
