What is difference between PAN No and TAN No
Answer Posted / h.r. sreepada bhagi
Advice to all. If you do not know the answer please do not
write a wrong answer as many beginners read it.
Following answers already mentioned above are correct (This
answer is with reference to India):
PAN - Permanent Account Number.
TAN - Tax Deduction Account Number.
Both the numbers are issued by the Income Tax Department
against the application in the prescribed form by an
assessee or a person.
PAN must be quoted while preparing & filing the Income Tax
Returns and every assessee should have obtained a PAN &
should not have more than one.
TAN is required for those who are responsible to with hold
tax from the amounts paid or payable as per the Income Tax
Act. This No. needs to be quoted in TDS remittance challans,
TDS Certificates and periodical returns to be filed with the
Income Tax department.
| Is This Answer Correct ? | 87 Yes | 12 No |
Post New Answer View All Answers
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,
What is c.s.t slab on furniture & fixture ?
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
Explain the procedure to calculate provident fund, esi, vat and sales tax.
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section
Is Work Contract Tax expenses for a company?
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
what was the VAT rate on inverters(home ups) in karnataka on 2016??
What is the difference between Indian and us taxation
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
define double entry bookkeeping