What is difference between PAN No and TAN No

Answer Posted / anirudh

PAN NO. - STANDS FOR "PERMANENT ACCOUNT NUMBER".IT IS
ISSUED IN "10 DIGIT NUMBER" THROUGH Income Tax Department
for Deposit the income tax of the Assessee.

TAN NO. - STANDS FOR "TAX DEDUCTION / COLLECTION ACCOUNT
NUMBER". IT IS ISSUED IN "10 DIGIT NUMBER" THROUGH INCOME
TAX DEPARTMENT.IT ALLOWES THE AUTORITY TO DEDUCT THE 'TDS &
TCS' FROM THE CREDITOR & DEBTOR.

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