How to Fill Out Form 49B for TAN Application?

A company's different branches should fill out this field. Category of a company - Deductor/Collector should select its appropriate entry by checking the box. First name is mandatory. The name of the deductor or collector should be in full.

Importance of Form 49B

As per Section 203A of the Income Tax Act, 1961, Form 49B is a mandatory document that needs to be submitted if an individual wishes to obtain their TAN number. Individuals who do not possess a TAN, but still deduct TDS, are liable to be fined ₹10,000. Hence, knowing how to fill this form correctly is of the utmost importance. Another reason why this form is so imperative is that banks sometimes refuse the fulfilment of certain transactions if the payee does not have a TAN. Let us give a brief read about Filing Form 49B For TAN Application.

To improve the ease of doing business for new MSMEs, the government has launched a new Udyam Registration portal with effect from 1st July 2020. This new portal has integrated useful services (including applications for PAN & TAN) with the MCA company incorporation portal.

The Tax Deduction and Collection Amount Number is a 10-digit alphanumeric entity assigned to all organisations or bodies responsible for tax filings and collection on behalf of the Income Tax Administration. Form 49B is used to apply for a TAN number and is an important document that every TDS payer should be aware of. 

Here’s a look at the essential things you need to consider before applying for TAN

• Form 49B must be used to submit your application. The application must be submitted at a facilitation centre in your residing or business area. You can visit the Income Tax Department in person or submit the form online via the IT Department’s website.
• Do note, however, that an acknowledgement slip, must be sent to the Department in the case of an online application.

How to Download TAN Form 49B?

If you need to obtain a Tax Deduction and Collection Account Number (TAN) for your business, you can easily download Form 49B, which is the application form for TAN. Follow these steps to download and submit the form efficiently:

Step 1: Access the TAN Application URL

Begin by visiting the official TAN application website using this URL: https://tin.tin.nsdl.com/tan/

Step 2: Initiate the Application Process

Click on the option ‘Online Application for TAN (Form 49B)’ to start the application process.

Step 3: Select the Category of Deductors

Scroll down to the end of the screen to find a drop-down list under ‘Category of Deductors’. Choose the appropriate category that fits your entity.

Step 4: Complete Form 49B

You will be redirected to a page displaying Form 49B. Fill in all the necessary details accurately. Double-check the entered details and submit the form by clicking on the ‘Confirm’ button.

Step 5: Enter Entity Information

Enter all the necessary information regarding your entity, including address, block number, post office, AO type, range code, AO number, and more.

Step 6: Confirm and Submit

Review all the information you’ve provided, and once you are satisfied with the details, click on the ‘Confirm’ option to submit the form.

Step 7: Acknowledgement Page

After successful submission, an acknowledgement page will appear on the screen, confirming the submission of Form 49B to the Income Tax Department.

Step 8: Obtain Important Details

On this screen, you will find essential information such as the 14-digit acknowledgement number, applicant’s status, applicant’s name, payment details, signature space, and contact details.

Step 9: Download and Sign the Acknowledgement Slip

Download the acknowledgement slip and ensure to sign it.

Step 10: Submit a Printed Copy to NSDL

Finally, send the printout of the signed acknowledgement slip along with the necessary supporting documents to NSDL’s office at the following address:

How to Fill Form 49B for TAN?

Form 49B is a critical document needed to obtain a Tax Deduction and Collection Account Number (TAN). To ensure a smooth application process, follow this comprehensive guide on accurately filling out Form 49B:

Legible Details in Block Letters

Always provide all necessary details in block letters to ensure that the entries are clear and legible.

Furnish Assessing Officer Information

Include details about the Assessing Officer, which you can obtain from the Income Tax Office.

Clear and Accurate Entry in Boxes

In each required box, enter one letter to enhance the visibility and clarity of the information provided.

Accurate Area Code, District, and Tax Circle Details

Ensure that you provide precise details regarding the area code, district, tax circle, etc. You can obtain this information from a TIN Facilitation Center or the income tax office.

Thumb Impression and Signatures

• If applying offline, for left thumb impression, ensure it is attested by a gazetted officer or a magistrate.
• For those applying under the ‘Other category of deductors’, it’s crucial to sign the acknowledgement slip.

Fill in All Details

Avoid leaving any blank spaces in Form 49B, as all sections need to be appropriately filled.

Mention Designation and Indian Address

Mention your designation and the provided address must be within India.

Applying for TAN: Step-by-Step Guide

1. Go to https://tin.tin.nsdl.com/tan/
2. Click on  ‘Apply for New TAN’.
3. Choose ‘Online Application’.
4. From the drop-down list, opt for ‘Category of Deductors’.
5. Form 49B will now show up. Fill out the form, double-check the details, and submit by clicking on the ‘Confirm’ button.
6. Note down the 14-digit number displayed.
7. Print the acknowledgement form and self-attest it.
8. Send the slip to the NSDL HQ.

Fields in Form 49B

• Name of the office
• Address of the office – Street/Area/Block/Town/State/Pincode
• Type of applicant
• Designation of taxpayer
• Company division
• Branch of the company 
• Type of TAN
• Nationality of the deductor
• PAN details
• Existing TAN number if applicable
• Date of submission
• Assessing officer details

Documents Required 

Printout of acknowledgement receipt from the NSDL website if you have submitted Form 49B online. For the physical submission of the form, no other documents are required.

Fees

For new TAN applications, the applicable fee is ₹ 65. If your application gets rejected due to discrepancies, you will not be eligible to get a refund.

Payment Modes 

1. Cheque- in favour of NSDL-TIN (Any HDFC Branch excluding Dahej)
2. DD- in favour of NSDL-TIN (payable at Mumbai)
3. Credit/ Debit card
4. Netbanking facility

Payments May Be Made By:

• Individual proprietor
• For a HUF, the Karta of the unit
• Director of the company 
• Any Partner for an LLP 
• Any authorised person for a Trust or Body of Individuals

Instructions for Filing Form 49B

1. Blank sections are not permitted. Hence, the entire Form 49B must be duly filled.
2. Tax payee must provide all his details without fail.
3. Ensure the address provided in the Form is an Indian address.
4. The entire form must be filled in BLOCK LETTERS in English.
5. There must only be one character in each box for better clarity.
6. If you have used your left thumbprint, it needs to be verified, sealed and signed by a Magistrate/ Notary/ Gazetted Officer.
7. Deductors must supply details such as Range Code, Area code and AO Number from their respective TIN Facilitation Centre or IT Department Office.
8. The processing fee must be paid to the corresponding TIN-Facilitation Centres.
9. People who already have a TAN must not reapply, as it is illegal. But different branches of a company may opt for different TANS and can hence apply through Form 49B.
10. To update your information, use the – Form for changes or corrections option by following the link embedded.
11. The 14-digit code you receive as soon as you submit your application can be used to track the progress of your application.
12. Only individuals can attest via thumb impression. All other applicants must sign the acknowledgement slip.

FAQs