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Central regulation

PAN and TAN Registration

PAN is required for all entities; TAN (Tax Deduction Account Number) is needed before you start deducting TDS on salaries above the threshold or contractor payments.

Check this for your businessThe Compliance module

Information, not legal advice. Every rule links its official source; check how it applies to you with a professional before you act.

Definition

PAN is required for all entities; TAN (Tax Deduction Account Number) is needed before you start deducting TDS on salaries above the threshold or contractor payments.

  • SourceIncome-tax Act, 1961 · Section 139A (PAN) and Section 203A (TAN)
    incometax.gov.in

What it means in practice

PAN and TAN Registration is administered by Income Tax Department / CBDT. The obligation is grounded in Income-tax Act, 1961 (Section 139A (PAN) and Section 203A (TAN)).

Trivial step but a hard prerequisite for opening a current account, GST registration and the Udyam form.

  • SourceIncome-tax Act, 1961 · Section 139A (PAN) and Section 203A (TAN)
    incometax.gov.in

Triggers (applicability conditions)

Compliance radar in LuckPanda checks these conditions against a business profile to decide whether this rule applies.

  • entity_exists=true
  • deducts_tds=true (for TAN)

Deadlines and penalty

Cadence
One time · Before operations start
Next due
No fixed date Before you start operations
Penalty for default
Failure to obtain TAN before deducting/remitting TDS attracts Rs 10,000 penalty under Sec 272BB.

This obligation has no fixed calendar date: it depends on when you start, your licence date or your registration.

Citations

  • SourceIncome-tax Act, 1961 · Section 139A (PAN) and Section 203A (TAN)
    incometax.gov.in

PAN and TAN Registration by state