TAN

TAN And TDS ReturnPersons who are liable to deduct TDS must apply for allotment of 'TAX DEDUCTION AND COLLECTION ACCOUNT NUMBER' (TAN) within one month from the end of the month in which tax was deducted. TAN is mandatory to mention on all transaction related to TDS like TDS certificate, TDS Returns and other related documents. There is penalty of Rs. 10,000 on failure to apply TAN. TDS Returns Need to Filed by the Deductor on the Due Dates for the Tax Deducted at Source
TDS is Deposited on Monthly Basis .Due Date For Depositing TDS 7th of the Succeeding Month in which TDS Deducted or ought to have been Deducted .
● Preparation of Return● Filing of Return