PAN-TAN-TDS

About PAN, TAN & TDS Registration

Permanent Account Number (PAN) and Tax Deduction & Collection Account Number (TAN) are essential components of India’s tax administration system. They ensure smooth financial transactions, legal compliance, and transparent tax reporting for individuals, businesses, and organizations.

At Lexlivo, we assist clients across India in obtaining PAN, TAN, and TDS registration quickly and efficiently. Our legal experts handle the complete process — from documentation and application to follow-up and issuance — ensuring 100% compliance with the Income Tax Department of India. 

PAN Registration

Permanent Account Number (PAN) is a 10-digit alphanumeric code issued by the Income Tax Department to track financial transactions and prevent tax evasion. It is mandatory for individuals and entities involved in taxable financial activities such as filing income tax returns, opening bank accounts, investing, or conducting high-value transactions.

Who Needs PAN:

• Individuals and salaried employees
• Businesses and partnership firms
• LLPs, Companies, Trusts, NGOs
• Foreign nationals doing business in India

Key Uses of PAN:

• Filing Income Tax Returns (ITR)
• Opening Bank Accounts
• Purchasing Property, Vehicles, or Investments
• GST and Business Registrations
• Identification Proof for Legal and Financial Activities

TAN Registration

Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number issued by the Income Tax Department. It is mandatory for anyone responsible for deducting or collecting tax at source (TDS/TCS) under the Income Tax Act, 1961.

Without a valid TAN, a business cannot deposit TDS, file TDS returns, or issue TDS certificates.

Who Needs TAN:

• Employers deducting TDS on salary
• Businesses making contractor or rent payments
• Banks and organizations deducting TDS on interest or commission
• Entities collecting tax at source (TCS)

Key Benefits:

• Enables filing of TDS/TCS returns
• Prevents penalties for non-compliance
• Legal proof of TDS deduction capability

TDS Registration & Filing

Tax Deducted at Source (TDS) is a method by which the government collects tax directly from the income source. Businesses and employers are required to deduct tax at a specified rate and deposit it with the government on behalf of the payee.

TDS applies to payments like salary, rent, professional fees, commission, interest, and contractor charges.

Why TDS Filing Matters:

• Ensures compliance with Income Tax laws
• Avoids penalties for late or incorrect filing
• Builds a record of transparent financial transactions

Lexlivo assists with:

• TDS Registration and Account Setup
• Preparation and Filing of Quarterly Returns
• Correction of Errors and Mismatch Rectifications
• Timely e-Filing and Compliance Monitoring 

Procedure for PAN, TAN & TDS Registration

Step 1: Fill Out the Application Form 

Start by completing our online application form available on the Lexlivo website.Provide your basic details such as name, business type, contact information, and PAN/TAN/TDS requirements.Our secure form ensures your data is fully protected and confidential throughout the process.

Step 2: Upload the Required Documents

Once your form is submitted, you’ll be prompted to upload the required documents.These typically include:

• Proof of identity (Aadhaar, Passport, or Voter ID)
• Proof of address (Utility Bill, Bank Statement, or Rent Agreement)
• Business registration documents (if applicable)
• Passport-size photo (for individuals)

All documents are verified by our internal compliance team for accuracy before submission.

Step 3: Expert Verification by Our Legal & Tax Team

Our certified tax professionals review your application and verify that every detail meets the Income Tax Department’s guidelines.
In case of any discrepancies or missing documents, our team will reach out instantly to help you make corrections.

Step 4: Application Submission to the Income Tax Department

After successful verification, Lexlivo’s team will prepare and submit your application through the official Income Tax Department e-filing portal.
We manage the entire online filing and coordination process, saving you from government visits or technical complications.

Step 5: Departmental Review & Allotment

The Income Tax Department reviews your application and verifies the provided documents.Our legal experts closely track the application status to ensure quick processing and respond promptly if any clarification is required.

Documents Required 

For Individuals:

• PAN Application: Aadhaar Card, Passport, or Voter ID
• Address Proof: Electricity Bill, Bank Statement, or Rent Agreement
• Passport-size photograph

For Companies / LLP / Partnership Firms:

• Certificate of Incorporation
• Partnership Deed (if applicable)
• Business Address Proof (Utility Bill, Rent Agreement, etc.)
• PAN Card of Directors/Partners
• Board Resolution or Authorization Letter

For Foreign Entities:

• Registration Certificate issued in their country
• Passport copy and proof of Indian business address

PAN and TAN are lifetime valid numbers; however, details such as address, contact, or business status must be updated with the Income Tax Department in case of any changes.

For TDS, quarterly return filing is mandatory. Late submission or incorrect filing may attract penalties, so timely compliance is essential.