TAN refers to Tax Deduction and Collection Account Number, a ten-digit alphanumeric number allotted by the income tax department. Everyone responsible for a tax deduction or collection at the source needs to obtain a TAN. It is mandatory to quote the tax deduction and collection documents, including TDS/TCS payment challan, annual information return, TDS/TCS certificates, etc. One who wants to obtain a TAN needs to submit an application to TIN Facilitation Centres. Well, for a general person, the entire process involved in TAN registration might be complicated, but for an expert, it is not less than a piece of cake.
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