What is difference between PAN No and TAN No

Answer Posted / vishwajeet

PAN is Permanent Account Number ie account number of the
assessee in the Income Tax department and every assessee
should have only one PAN.

TAN is the Tax-Deduction Account Number i.e. the account
number alloted by Income Tax dept. to the assessee who has
right to duduct tax at source on income(TDS) or collect at
source (TCS).

Is This Answer Correct ?    416 Yes 30 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee

2163


HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)

1634


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

2635


Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?

1583


WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

2723






'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.

1917


how to calculate of FBT with example & what is Rate

1975


which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?

1685


How is income tax calculated?

647


At what point excise duty is accrued

1018


Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states

1801


We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices

1748


WHAT IS EXCISE DUTY RATE IN HARYANA for RMC

2429


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1300


IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

3648