TDS deductors who want to apply for a Tax Deduction and Collection Account Number (TAN) must submit Form 49B online or offline to the NSDL.
All individuals who are responsible for deducting tax at source on behalf of the Income Tax Department must get a TAN. In case a deductor does not possess TAN, he/she would be liable to pay a hefty penalty of Rs. 10,000. Therefore, it is important to know the process of downloading and filling out this TAN application form.
Read on to learn about the filing process for Form 49B for a TAN application.
Under Section 203A of the Income Tax Act, 1961, you need to fill up and submit TAN application Form 49B to apply for a TAN. You can submit the application offline by visiting your nearest Income Tax or NSDL office in person or by submitting the filled form online on the official website of TIN NSDL.
If you are wondering how to download or apply for TAN by filling up Form 49B online, here is the step-by-step guide:
Step 1: Visit the official website of the TAN information network.
Step 2: Select the 'Online Application for TAN (Form 49B)' option.
Step 3: Go through the instructions, and select the 'Category of Deductors' from the drop-down menu.
Step 4: After selecting the category and clicking the 'Select' option, a new page will appear on your screen displaying Form 49B.
Step 5: Enter all necessary information, including entity address, block no, post office, AO type, range code, AO number, etc.
Step 6: Review all information and click the 'Confirm' option to submit the form.
Step 7: An acknowledgement page will appear on the screen, confirming the submission of Form 49B to the Income Tax Department.
Step 8: On that screen, you will see important information such as the 14-digit acknowledgement number, applicant's status, applicant's name, payment details, signature space, and contact details.
Step 9: Now, download this acknowledgement slip and sign it.
Step 10: Finally, send the printout of the acknowledgement slip along with the required documents to NSDL's office.
Address: NSDL e-Governance Infrastructure Limited 5th Floor, Mantri Sterling, Plot No.341, Survey No.997/8, Model Colony, Near Deep Bungalow Chowk, Pune – 411016
On the other hand, if you are unable to submit Form 49B through online mode, you can also apply offline. Take a look at the offline process:
Before filing Form 49B, it is important to note that you must refrain from editing or overwriting in this specific form. This generally eliminates the chances of getting the application approved. Here is a complete guide to filling this Form 49B accurately:
Having a TAN is vital for every individual who is responsible for tax collection on behalf of the Income Tax Department. In this regard, Form 49B is an important document that every TDS deductor must know about. Before submitting Form 49B, it is important to note that the Income Tax Department will allot the 10-digit TAN only after the payment of the application fee.
Click here to view Form 49B in PDF format.
TDS deductors must fill and submit Form 49B to obtain a Tax Deduction and Collection Account Number (TAN) to avoid penalties. This can be done online on TIN NSDL's website or offline at an Income Tax or NSDL office. Detailed steps for downloading, filling, and submitting Form 49B are provided to ensure accurate completion and successful application for TAN.