Register Your TAN Today......

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN")   (114215 Points)

06 December 2010  

Register Your TAN Today

The income tax department has asked all deductors to register their TAN on NSDL web site. Once registered, the deductors will be provided User ID and password for authenticated access. The id and password will be sent through e-mail in secured PDF file.

Benefit of registration

The access will result in the following benefits to the deductors:

•    View of status of all statements filed;

•    Download of consolidated quarterly e-TDS / TCS statement for preparation of correction statement for TDS returns file on or after FY 2007-08. You will be required to request for Consolidated TDS/TCS fvu by providing your PRN (provisional receipt No). After that you will be asked to fill a form requiring certain details related with the return for which consolidated fvu is requested. If details provided by you is matched, you will be given a fvu request no. After that within 24 hours the consolidated fvu will be mailed to you. In case of huge data the fvu will be split into multiple files. You will have to download File Merger Unit.

•    Other functionalities related to quarterly TDS /TCS statement; and

     View form 15CA details.

Before registration

•    Keep Provisional Receipt Number (PRN) of any eTDS Statement filed on or after 01-04-2008.

•    Go to “Quarterly Statement Status”. Enter TAN and PRN Number. Ensure that this statement is accepted by TIN. You will have to enter details of such statement during registration.

•    Keep PAN details

Registration Form

TAN registration should be done online at the website of the Tax Information Network www.tin-nsdl.com. Deductors must register all active TANs.

Use the following link to register the TAN: On-line Tan Registration Online form will appear. The details to be filled in are explained below:

Details of Deductor

• Enter TAN and Company Name

• Enter PAN. Mention “PANNOTREQD”, in case PAN is not available i.e. deductor is not required to have PAN as per the statute.

• Select appropriate deductor category from the dropdown.

• For Government deductors additional information is required to be filled in

1. PAO Code and DDO Code are mandatory for deductor category “Central Government”.

2. If PAO Code is not available then mention value “PAOCDNOTAVBL”.

3. If DDO Code is not available then mention value “DDOCDNOTAVBL”.

4. For PAO/ 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 complete address and contact details of deductor.

• 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.

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. If your id or password is not received you can mail to tin_returns @ nsdl.co.in .

• You can re-generate the “Acknowledgement for TAN Registration” by registering again.

 

Conclusion

TAN Registration is a must for all deductors. This is an extremely useful facility and will make the task of deductor simpler. I registered my TAN and found that I can get the consolidate statements of even FY 2007-08 for correction. The consolidated statement will be available of returns filed on or after FY 2007-08. It is really helpful for those who need to file revise return but do not have original fvu.

The biggest advantage is ability to retrieve eTDS Statement filed earlier. Several deductors do not keep backup of eTDS statement FVU files and when a correction is to be filed, they have no recourse.

Another problem being faced by deductors is to keep track of original FVU and correction FVU. Many times several correction statements need to be filed e.g. when valid PAN become available. Here you can obtain a consolidated statement to be rectified and hence less headache.

At present, a deductor has to go to several links for information retrieval e.g. Challan Status Enquiry, quarterly statement status, eTDS online filing. With this new facility it is expected that all these services will be available in a single window.