B.COM FCA DISA(ICAI)
778 Points
Joined March 2009
PAN IS PERMANENT ACCOUNT NUMBER AND IS USED FOR INCOME TAX PURPOSES.
TAN IS TAX DEDUCTION ACCOUNT NUMBER AND IS USED FOR TDS PURPOSES.
SUPPOSE YOU HAVE TO DEDUCT TAX OF CERTAIN ENTITY/PERSON/ANYONE, THEN YOU MUST HAVE "TAN" TO DO THAT.
SUPPOSE SOMEONE HAS DEDUCTED YOUR TDS AND YOU HAVE TO FILE RETURN TO CLAIM THAT, THEN YOU MUST HAVE "PAN" TO DO THAT.
PAN IS QUOTED ON INCOME TAX RETURNS, WHEREAS TAN IS QUOTED ON TDS RETURNS.
HOPE YOU GAIN SOME KNOWLEDGE.
REGARDS,
CA RITESH KOTHARI