PAN/TAN Application
PAN/TAN Application
PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) are vital for tax purposes. PAN is a unique ID for tracking financial transactions and filing taxes, while TAN is needed for businesses that deduct or collect tax at source. Both are essential for smooth tax compliance. Apply for your PAN or TAN number easily with TaxMyles.
Overview of PAN/TAN
PAN (Permanent Account Number) is essential for all major financial transactions and is required to open a bank account. It is also mandatory for individuals receiving taxable salaries or professional fees. High-value transactions cannot be completed without a PAN. PAN is governed under Section 139A of the Income Tax Act, 1961, under the supervision of the Central Board of Direct Taxes (CBDT).
TAN (Tax Deduction and Collection Account Number) is required by businesses that deduct TDS from vendor invoices or employee salaries. Governed under Section 203A of the Income Tax Act, 1961, TAN is also overseen by the CBDT.
Application Process
- Prepare Documents: Identity proof, address proof, and business details.
- Fill Online Application: Complete the PAN/TAN form on the official portal.
- Submit Application: Submit with required documents.
- Receive PAN/TAN: Get PAN/TAN after verification.
Documents Required
- Registration Certificate (Certificate of Incorporation, Partnership Deed)
- Memorandum & Articles of Association
- In case of Individual (Self Attested Copy of ID and Address Proof)
- Electricity and water bill, not more than 2 months old.
Why Choose TaxMyles for PAN/TAN Application?
PAN/TAN are crucial for tax compliance. TaxMyles ensures a smooth and hassle-free application process. Let us handle the paperwork for you!
- Expert Guidance – We ensure accurate and complete applications.
- Fast Processing – Timely submission and approval.
- Compliance Assurance – Full adherence to tax regulations.
- Complete Support – End-to-end assistance with the application process.