Multiple TAN

[P S SATYA NARAYANA]

Dear Experts

 

Can a Company have multiple TANs for the purpose of locational advantage. 

If the answer is No, what are the consequences of having multiple TANs

If the answer is Yes, kindly suggest the steps to surrender TANs

 

thanks and regards

P.S.Satyanarayana

[Sanjeev Sharma]

Company can have mutiple TAN,  Division/ branch/ location wise .

For cancelation, deductor has to make an application with the jurisdictional A.O. (TDS), on a plain paper, requesting for cancellation of TAN and state reasons for such a request.

AI Summary

Multiple TANs: companies may hold distinct TANs by location; cancellation requires an application to the jurisdictional TDS officer. A company can possess multiple TANs division-, branch- or location-wise. To cancel a TAN the deductor must apply to the jurisdictional Assessing Officer (TDS) on plain paper requesting cancellation and stating reasons for surrender.