Glossary
/TAN Full Form
The full form of TAN is Tax Deduction Account Number.
If a company or a landlord is cutting TDS from your payments, they absolutely need this 10-digit code. It is strictly for those deducting the tax, not for individual taxpayers like your PAN card. You apply for it through the income tax portal. Forget to quote this number on your TDS returns or challans, and the tax department will immediately slap you with a hefty fine.