Form 49B: How to Download and Fill TAN Application Form?
Updated: Oct 15
Section 203A of the Income Tax Act, 1961 mandates that individuals or entities eligible to deduct tax at source apply for a Tax Deduction and Collection Account Number (TAN) using Form 49B. This 10-digit TAN is essential for all recipients making tax-deductible payments under the Income Tax Act. Taxpayers should note that Form 49B is a prerequisite for obtaining a TAN. In this article, we’ll guide you through the process of downloading and filling out the TAN application form, ensuring a smooth and compliant application experience.
Table of content
What is TAN?
PAN, or permanent account number, is a unique number awarded to all taxpayers; it is comparable to the 10-digit Tax Deduction and Collection Account Number (TAN), which is given to all businesses that may eventually collect taxes on behalf of the Income Tax department. TAN is needed for both paper and electronic TDS (tax deducted at source) and TCS (tax collection source) returns. Those who are required by the 1961 Indian Income Tax Act to withhold tax from payments received will be assigned this 10-digit alphanumeric code. This number must also be provided by the TDS entities that are mandated to withhold taxes on behalf of the Income Tax Department. Additionally, businesses will be fined INR 10,000 if they are unable to reach this amount after subtracting TDS. Furthermore, if the assessee forgets to include the TAN, banks retain the authority to reject transactions.
Why is TAN necessary?
A Tax Deduction and Collection Account Number is needed for anyone required to undertake Tax Deduction at Source (TDS) (TAN). It is an alphanumeric code consisting of ten characters that are assigned to persons or organisations in charge of tax collection and deduction. The income tax agency issues this special identification number upon request. The TAN must be used for all TDS and TCS payments, and it must be included on all TDS returns. Penalties for not obtaining a TAN when required can reach up to Rs. 10,000. Furthermore, there is a Rs. 10,000 fine for failing to include the TAN on TDS challans and certificates.
What is Form 49B?
Form 49B is an essential tax form that individuals need to fill out and send to receive a Tax Deduction and Collection Account Number (TAN), as per Section 203A of the 1961 Income Tax Act. Ensuring the precise completion of Form 49B is vital for payees not having a TAN. It's important to remember that banks can legally refuse to accept payments for customers who do not have a TAN. People who are supposed to be deducting taxes but don't have a TAN could be fined Rs 10,000.
When filing the Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) return, TAN must be submitted, whether online or offline. Through the official websites of UTI Infrastructure Technology and Services Limited or the National Securities Depository Limited, applicants may begin the application process. In addition to submitting their applications online, candidates must mail documentation of their identity and domicile to the NSDL TAN Registration Division.
Documents Required for TAN Application
The following documentation is needed for TAN applications:
Personal details of the applicant, including name, address, and phone number
PAN
The person in charge of the digital signature certificate for the company
The company's certificate of incorporation
Details of the responsible person
You can mail the Income Tax Department printout of the acknowledgement number if you are applying for TAN online. Additionally, once Form 49B is submitted, you can see the TAN acknowledgement on the NSDL website. Furthermore, you don't need to send any additional supporting documentation if you have to file form 49B physically.
Format and Contents of Form 49B
The first portion contains information about the person's title and office.
The second section requires the person's complete residential address.
The third section contains the individual's nationality.
The individual provides the PAN number in the same section if necessary.
The Tax Deduction Number and Collection Number fields must be filled out in the next section.
Information about form submissions has to be given in the next section.
The application has to provide the assessment officer's contact details.
To verify that the information above is correct, the applicant must submit their personal data.
The applicant must then complete the Form 49B submission process by signing the document or leaving a left thumb impression.
Steps to Download Form 49B
Step 1: First, go to https://tin.tin.nsdl.com/tan/
Step 2: Choose "Online Application for TAN (Form 49B)" from the menu.
Step 3: Locate a drop-down list under "Category of Deductors" by scrolling all the way to the bottom of the screen.
Step 4: You will be taken to a page that displays Form 49B. Complete the form by entering all required information, verifying the information entered, and clicking the "Confirm" button to submit it.
Step 5: Accurately enter all necessary information, including the entity address, post office, block number, AO type, range code, and AO number.
Step 6: Verify all the data, then click "Confirm" to submit the application.
Step 7: The screen will display an acknowledgement page verifying that Form 49B has been sent to the Income Tax Department.
Step 8: You will notice vital information on that screen, including the 14-digit acknowledgement number, the applicant's name, status, and payment information, as well as contact and signature fields.
Step 9: Download and sign this acknowledgement slip now.
Step 10: Lastly, mail the acknowledgement slip printout and the necessary paperwork to the NSDL office.
Steps to Fill Out Form 49B
It is vital to remember that you cannot change or overwrite Form 49B once it is filed. This usually means that there is no likelihood of the application being accepted. This is a comprehensive guide on correctly filling out Form 49B:
To make the entries readable, provide all relevant information in block letters. For more clarity, type one letter in each required box.
You must provide information about the Assessing officer. The Income Tax Office has the information available to you.
Give precise information about the district, area code, tax circle, etc. The income tax office or the TIN Facilitation Centre are the sources of this information.
Make sure the gazetted officer or a magistrate attests to the left thumb impression. This is exclusively relevant to those who apply for TANs offline. Signing the acknowledgement slip is mandatory if you are applying under the "Other category of deductors."
Complete completion of all details is required. This Form 49B will not have any blank spaces accepted.
Your designation must be mentioned, and the address you enter must be in India
TAN Acknowledgement
Protean eGov Technologies Limited must get the acknowledgement slip once the TAN application has been properly filed. The applicant's properly signed acknowledgement slip should be submitted to:
Protean eGov Technologies Limited
5th Floor, Mantri Sterling
Plot No.341, Survey No.997/8,
Model Colony, Near Deep Bungalow Chowk,
Pune - 411016The Protean eGov Technologies Limited office must receive the acknowledgement slip and the required documentation within 15 days of the online application date. The TAN application is not handled until the payment is realised and the legally signed acknowledgement is received.
TAN Application Fees and Payment Modes
When you apply for a new TAN, you have to pay a charge of Rs. 77. It includes an 18% Goods and Services Tax and an application fee of Rs. 65. One of the following payment methods is available to you:
Cheque
Demand draft
Credit card
Debit card
Netbanking
If you decide to pay with a demand draft (DD) or cheque, make sure the payment is made to NSDL-TIN. It is necessary to pay the DD in Mumbai. If it's a cheque, deposit a local cheque at any HDFC Bank location—the Dahej branch excluded. Candidates who applied under the following categories are not eligible to use the credit card, debit card, or net banking option to pay the processing cost for their TAN application:
State and Central governments
Statutory and autonomous bodies
The following is a list of people who are permitted to pay applicants who applied under various categories using credit cards, debit cards, or net banking:
Conclusion
Taxpaying citizens of India are required to apply for the TAN to receive all the information regarding their income tax returns. People frequently become confused by the multiple steps in the application process since the meaning of Form 49B is a complex one. Consequently, this post has included all the information one needs to remember to submit a Form 49B online TAN application without difficulty and to guarantee a seamless application process.
FAQ
Q1. What is Form 49B?
An individual can apply for a new TAN using this application form, which is required by Section 203A of the Income Tax Act. The form must be accurately completed and sent to the income tax department.
Q2. How to fill a 49B for a TAN?
It is crucial to correctly input all the information, including the range code, area code, AO code, etc., on form 49B for a TAN. Additionally, make sure you fill out the form entirely because it will be deemed incomplete if any sections are left blank.
Q3. Can I apply for Form 49B via offline mode?
Yes, you may submit an offline application for Form 49B. To file an application, simply download it from the NSDL website and send it to the income tax department together with the necessary paperwork.
Q4. What is the process to get Form 49B offline?
Form 49B can be downloaded offline from TIN facilitation centres or the Income Tax Department's official website. The NSDL website has the addresses of these centres.
Q5. What are the guidelines for completing Form 49B?
Make sure all information is recorded in block letters and English on Form 49B. To ensure clarity, each box can only have one character—a number, punctuation mark, or alphabet—in it.
Q6. How can one make payment for a TAN application?
You can pay for your TAN application with a demand draft, cheque, credit card, debit card or net banking. If making a payment by demand draft, make sure it is payable to Mumbai and made out to NSDL-TIN.
Q7. What are the authorised payment modes for certain categories of applicants?
Payment may only be done by debit card, credit card, or net banking for certain categories, such as the Central or State Government, autonomous organisations, or authorised signatories, with particular authorised individuals listed for each category.
Q8. What benefits does TAN registration offer?
Receiving TDS and TCS communications, authenticated login areas, downloading the most recent FVU files, monitoring challan status online, posting e-TDS returns, and easing TDS reconciliation with TAN holders are just a few advantages of TAN registration.
Q9. What verification process does the IT Department undertake after the submission of Form 49B?
Following Form 49B submission, the Income Tax Department confirms the information supplied. Depending on the application method, NSDL will notify the updated TAN data via email or postal mail if they are accurate.
Q10. How can you rectify a TAN application error?
The applicant will complete the online TAN Change Request form and submit it. An error message will appear on the screen if any format-level validation of the submitted data is unsuccessful. The applicant must correct the mistake(s) and submit the form again.
Q11. What is Form 49B TAN’s correction form?
If deductors would like the data associated with their reformatted 10-digit TAN to be changed or corrected, they must fill out the "Form for Change or Correction in TAN data".
Q12. What are the charges for TAN correction?
When submitting your application in person at the TIN-FC or online, you must pay Protean e-Gov/TIN-FC ₹ 65 + (Goods and Service Tax, if applicable) as processing fees.
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