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of <h1>TAN: Essential 10-Digit ID for Tax Deduction under Section 203A of Income Tax Act 1961. Verify Before e-TDS Submission.</h1> TAN, or Tax Deduction and Collection Account Number, is a unique ten-digit alphanumeric identifier required for individuals responsible for deducting or collecting tax. Mandated by Section 203A of the Income Tax Act, 1961, TAN must be quoted on all TDS statements. The Income Tax Department provides an online search facility for deductors to find their new TAN using their name or old TAN. It is recommended to verify the new TAN before including it in e-TDS statements to avoid issues during submission.
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