Service Details
We provide PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) services to help individuals, businesses, and organizations comply with Income Tax requirements and legally conduct financial transactions.
- PAN is mandatory for all tax-paying entities and financial transactions above threshold limits.
- TAN is mandatory for tax deduction or collection at source.
✅ Applicability & Eligibility
This service is suitable if:
- You are an individual, business, LLP, or company needing PAN.
- You are a deductor / collector of TDS / TCS requiring TAN.
- You want tax compliance and seamless financial operations.
- You need PAN/TAN for GST, bank accounts, or company/LLP registration.
💡 Tip: PAN is for identification of taxpayers, TAN is for reporting TDS / TCS to the Income Tax Department.
🏢 Key Requirements
| Particulars | PAN | TAN |
|---|---|---|
| Applicable For | Individuals, HUF, Company, LLP, Trust, NGO | All entities deducting or collecting tax |
| Nature | Unique 10-digit alphanumeric code | 10-digit alphanumeric code for TDS/TCS reporting |
| Mandatory | For filing income tax, opening bank accounts, investing, registering companies/LLPs | For TDS/TCS deduction, filing returns, issuing Form 16/16A/27EQ |
🎯 Benefits of PAN & TAN
| Benefit | Details |
|---|---|
| Legal Compliance | Mandatory under IT Act for tax and TDS/TCS operations |
| Tax Filing | Required for filing Income Tax Returns |
| Financial Transactions | Required for bank accounts, loans, property, investments |
| TDS / TCS Compliance | TAN ensures correct reporting and deduction |
| Avoid Penalties | Non-possession leads to fines under IT Act |
| Easy Verification | PAN helps verify identity and financial transactions |
📄 Required Documents & Information
For Individuals:
- Proof of Identity: Aadhaar / Passport / Voter ID / Driving License
- Proof of Address: Aadhaar / Passport / Bank Statement / Utility Bill
- Date of Birth proof: Birth Certificate / Passport / Aadhaar
- Passport size Photograph
For Companies / LLP / Firms:
- Certificate of Incorporation / Registration
- PAN/TAN Application Form signed by authorized signatory
- Address Proof of Company / LLP / Firm
- Identity Proof of Authorized Signatory
💰 Professional Fees
| Service | Description | Fees |
|---|---|---|
| PAN Application | New PAN for individuals or entities | ₹ 500 – 1,000 |
| TAN Application | New TAN for deductors / collectors | ₹ 500 – 1,000 |
| PAN / TAN Corrections | Update details (name, address, DOB) | ₹ 500 – 1,000 |
| Urgent / Tatkal PAN | Faster processing | ₹ 1,500 – 2,500 |
💡 Fees may vary based on type of entity and urgency.
⏱️ Processing Timeline
| Stage | Duration |
|---|---|
| Document Verification | 1 day |
| Application Submission to NSDL / IT Dept | 1–2 Working Days |
| PAN / TAN Generation | 7–15 Working Days (normal) |
| Tatkal PAN | 2–5 Working Days |
💡 Tip: Ensure documents are scanned clearly and match application details to avoid delays.
❓ Frequently Asked Questions (FAQ)
1. What is the difference between PAN and TAN?
- PAN identifies the taxpayer; TAN is required for TDS/TCS deduction and reporting.
2. Who needs PAN?
- All individuals, HUFs, companies, LLPs, trusts, and NGOs that pay or file taxes.
3. Who needs TAN?
- All entities required to deduct or collect tax at source under the Income Tax Act.
4. Can PAN / TAN be corrected after issuance?
- Yes, corrections or updates can be made online.
5. Is PAN / TAN mandatory for business registration?
- Yes, PAN is mandatory for bank accounts and taxation; TAN is required for TDS/TCS compliance.
📦 PAN & TAN Packages
🔹 Individual / Basic Package
₹ 999 / application
✔ New PAN application
✔ Document verification & submission
🔹 Business / Organization Package
₹ 1,499 / application
✔ PAN & TAN application for company / LLP / firm
✔ Authorized signatory support
✔ TDS/TCS compliance guidance
🔹 Correction / Update Package
₹ 999 / update
✔ PAN / TAN details update
✔ Online submission & tracking
✔ Guidance for approval
📊 PAN vs TAN – Comparison Chart
| Feature | PAN (Permanent Account Number) | TAN (Tax Deduction / Collection Account Number) |
|---|---|---|
| Purpose | Identification of taxpayers | For deducting / collecting TDS / TCS |
| Applicability | Individuals, HUF, Companies, LLP, Firms, Trusts, NGOs | All entities deducting or collecting TDS/TCS |
| Mandatory | Filing Income Tax, bank accounts, investments, company registration | TDS/TCS deduction & filing returns |
| Authority | Income Tax Department | Income Tax Department |
| Format | 10-digit alphanumeric | 10-digit alphanumeric |
| Usage | Tax filing, financial transactions, verification | Deduction, collection & reporting of tax to IT department |
| Validity | Lifetime | Valid until TAN is surrendered / cancelled |
| Certificate Issued | PAN Card | TAN Certificate |
| Required for | Bank accounts, investments, company registration, filing returns | Issuing Form 16, Form 16A, TDS/TCS returns, reporting |
🏢 PAN / TAN Application Process
Step 1 – Select Entity Type
- Individual / HUF / Private Company / Public Company / LLP / Partnership Firm / Trust / NGO
Step 2 – Prepare Documents (see below)
Step 3 – Fill Online Application
- NSDL / UTIITSL portal
- Choose PAN or TAN
Step 4 – Upload Documents
- Identity & address proofs
- Entity registration documents (if applicable)
Step 5 – Payment of Fees
- PAN / TAN application fee: ₹500 – 1,000 per application
- Tatkal / Urgent processing extra
Step 6 – Acknowledgement & Tracking
- Receive Acknowledgement Number
- Track application online
Step 7 – Receive PAN / TAN
- PAN Card or TAN Certificate delivered via post / email (as applicable)
📄 Required Documents for Each Entity
| Entity Type | PAN Documents | TAN Documents |
|---|---|---|
| Individual | Aadhaar / Passport / Voter ID / Driving License, DOB proof, Photo | PAN of Individual (mandatory), proof of address, Form 49B signed |
| HUF | HUF PAN (Form 49A), Karta Photo & ID, HUF Deed | PAN of HUF, proof of address, Form 49B |
| Private Company | Certificate of Incorporation, Board Resolution, Director PAN & Address proof | Company PAN, authorized signatory PAN, Board Resolution, Form 49B |
| Public Company | Certificate of Incorporation, Board Resolution, Director PANs | Company PAN, authorized signatory PAN, Form 49B, CIN proof |
| LLP | LLP Incorporation Certificate, PAN of Designated Partners, LLP Agreement | LLP PAN, Designated Partner PAN, Form 49B, Board/Partner Resolution |
| Partnership Firm | Partnership Deed, PAN of Partners, Address Proof | Firm PAN, Authorized Partner PAN, Form 49B |
| Trust / NGO | Trust Deed / MOA, PAN of Trustees / Office Bearers, Address Proof | Trust PAN, Authorized Signatory PAN, Form 49B |
💡 Tip:
- For TAN, the authorized signatory must be clearly mentioned.
- All documents must be self-attested or attested by Gazetted Officer if required.
⏱️ PAN / TAN Timeline
| Step | Duration |
|---|---|
| Document Preparation | 1 day |
| Online Submission | 1 day |
| Verification by NSDL / UTIITSL | 1–3 working days |
| PAN / TAN Issuance | 7–15 working days (normal) |
| Tatkal / Urgent PAN | 2–5 working days |
💡 Key Notes
- PAN: Mandatory for all taxpayers, lifetime validity.
- TAN: Mandatory for all TDS/TCS deductors, must be quoted in all TDS/TCS returns & certificates.
- Individual & business entities must maintain accurate PAN/TAN records for compliance.
📞 Get in Touch
📞 Call / WhatsApp: 9135051086
📧 Email: TaxServiceMitra@email.com
🌐 Website: TaxServiceMitra.com
Secure PAN & TAN • Ensure TDS/TCS compliance • Avoid penalties