TAN or Tax Deduction and Collection Number (TAN) is an alphanumeric 10 digit number required by a person who is liable to deduct TDS and file TDS return. Thus such a person must make an application within a month in which TDS was deducted for allotment of Tax Deduction and Collection Number (TAN) in form 49B. This number allotted is mandatory to mention in all TDS Certificates issued, returns, challans, etc.

• Tax is deducted by the payer and is remitted to the government by the payer, on behalf of the payee.
• However, TAN is not required for the salaried class as they are not required to deduct TDS. Once TAN is issued it is valid for a lifetime.
• Non-filing of TDS return by the due date will attract penalties.
• Those entities have TAN Registration must then file TDS returns. TDS returns are due quarterly.
• Nexteel Solutions can help you file e file your TDS returns online. Our TDS experts can help you compute your TDS payments and e file the TDS return and keep you in compliance with TDS regulations.

• Easy Loan Approval. Filing the ITR will help individuals when they have to apply for a vehicle loan (2-wheeler or 4-wheeler), House Loan etc.
• Claim Tax Refund.
• Income & Address Proof
• Quick Visa Processing.
• Carry Forward Your Losses.
• Avoid Penalty.

Step 1 : DOCUMENT COLLECTION: A Nexteel Solutions Provider TDS Expert will collect the necessary information and documents for the preparation of the TDS return for your business.

Step 2 : RETURN PREPARATION: Based on the documents and information presented, we will prepare your TDS return and send it for your approval.

Step 3 : RETURN FILING: Once the TDS return is verified and approved by you, our TDS expert will file your TDS return with the Income Tax department.

•  Form 24Q: a statement for TDS deducted from salaries.
• Form 26Q: a statement for TDS deducted on all payments other than salaries.
• Form 27Q: Statement for TDS deducted on income received from interest, dividends or any other sum payable to non-residents.