Procedure for Cancellation of TAN
Listen to this Article
Cancellation/Surrendering of TAN can be done in two situations;
CASE 1- Where duplicate TAN has been allotted;
CASE 2 – Where TAN allotted, is not required anymore by the assessee/deductor.
In CASE – 1, the deductor has to approach the NSDL for cancellation of the ‘Duplicate –Unused TAN. For this, an application Form, which is applicable for ‘Changes & Correction of TAN’ needs to be used. The same can be downloaded from the NSDL website and is also available with TIN-FCs/other vendors. The application can be made online as well as in physical form. In this way, the ‘Duplicate TAN can be cancelled.
In Case 2, the deductor has to make an application with the jurisdictional A.O. (TDS), on a plain paper, requesting for cancellation of TAN and state reasons for such a request.
——————————————
Cancellation Procedure Prescribed by NSDL
In case duplicate TAN has been allotted, which TAN should be used?
In case duplicate TANs have been allotted, the TAN which has been used regularly should be used. The rest of the TANs should be surrendered for cancellation using “Form for Changes or Correction in TAN” which can be downloaded from the website of NSDL (http://tin.nsdl.com).
The TAN can be cancelled by following procedure:
Go to http://tin.nsdl.com.
Download the form “Form for Changes or Correction in TAN”
Fill up properly and indicate TAN numbers you want to cancel in point 6 of the Form.
What do we have to do if we have been allotted a duplicate TAN by oversight?
In case duplicate TAN has been allotted, an application may be made for cancellation of the TAN which has not been used in the “Form for Changes or Correction in TAN” which can be downloaded from the website of NSDL (http://tin.nsdl.com) or printed by local printers or obtained from any other source. The application is also available at TIN Facilitation Centres.
Category : General | Comments : 0 | Hits : 580
As a registered valuer entrepreneurs often ask’s us, what is the value of my Business ? There is no right answer to this question as valuation is a very subjective thing. I will value a flat near my office higher as compared to someone whose office is far from that flat or a person will value an apple more when he is hungry compared to a time when he is not hungry. So the question what is the value of my business remains unanswered. It will always be difficult to ascertain the value of...
APEDA (Agricultural and Processed Food Products Export Development Authority) registration in India is an essential requirement for businesses engaged in the export of agricultural and processed food products. APEDA plays a crucial role in promoting the export of these products and ensuring their quality and compliance with international standards. This article will walk you through the step-by-step process of APEDA registration and the documents required for the same Step 1. Unde...
FSSAI (Food Safety and Standards Authority of India) registration is mandatory for any business involved in the food industry in India. The registration process involves several steps and requires specific documents to be submitted. Here is a detailed analysis of how to do FSSAI registration in India step-wise, along with the necessary documents: Step 1: Determine the Type of Registration FSSAI offers different types of registrations based on the scale and nature of the food business. ...
A lacuna in your employment history within your curriculum vitae can have potential drawbacks on your job hunt and career opportunities. Addressing a career gap in your CV can be challenging, but there are several unique ways you can handle it. Here are some approaches you can consider: Address the gap directly: Be honest and upfront in explaining the reason for your career gap. Don't try to hide it or sugarcoat it – address it head-on. Be positive and confident: W Regardless of the re...
Introduction India is widely recognized as one of the prominent players in the global economy. Despite being a developing nation, India's economy has a significant impact on world trade. The majority of the most developed countries worldwide are eager to establish or strengthen their ties with India. Investors prefer India as a desirable location over other major countries due to its vast market base and the evolving purchasing habits of its middle-class citizens. As mentioned earlier, I...


Comments