How to Apply TAN, Track Status of TAN Application and Penalty on Failure

Every person who is required to deduct or collect tax at source on any of the specified payments, to apply for allotment of Tax Dedication and Collection Account Number (TAN). TAN should be quoted on all TDS/TCS Challans, Certificate, Statement and Return. [Section 203A] How to Apply As per rule 114A, application for allotment of TAN shall be made in From No. 49B in duplicate. The application shall be made to the Assessing Officer of [...] 

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