Forex

Every person deducting tax in accordance with the provisions of sections 192 to 194, section 194A, section 194B, section 194BB, section 194C, section 194D, section 194E, section 194EE, section 194F, section 194G, section 194H, section 194I, section 194J, section 194K, section195, section 196A, section 196B, section 196C and 196D, if he has not been allotted any tax deduction account number, shall, within such time as prescribed under Rule 114A of the Income Tax Rules, 1962, apply in Form No. 49B to the Assessing Officer for the allottement of Tax Deduction Account Number. This number is known as TAN and has to be quoted in all TDS challans, TDS Returns and in all certificates issued pertaining to TDS.