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Differences Between TAN, PAN and TIN

A Brief Overview of PAN, TAN and TIN

Differences Between PAN, TAN and TIN

TAN Vs TIN Vs PAN: A Comparison

Parameters TAN TIN PAN
Issuing department Income Tax Department Commercial Tax Department of a state Income Tax Department
Type of code 10-digit alphanumeric code 11-digit numeric code. The first 2 digit denotes the state code 10-digit alphanumeric code
Content of the code The code contains 4 alphabets, followed by 5 numbers. One alphabet is the last digit It contains 11 numbers The first 5 are alphabets, referring to some information, followed by an alphabet and 4 numbers.
Purpose Used for collection and deduction of tax at source. Used for keeping track of activities related to Value Added Tax in the country. Serves as a universal identification code for every monetary transaction.
Who requires it? Every business entity or individual who is responsible for collecting and deducting tax. Any trader or dealer who is eligible to pay Value Added Tax. All assesses and taxpayers of the country.
Applicable laws Section 203A of the Income Tax Act, 1961 Every state has different Acts which specify TIN. Section 139A of the Income Tax Act, 1961.
Penalties You need to pay a penalty of ₹ 10,000 if you fail to comply with the guidelines. Penalties differ from one state to another. You need to pay a penalty of ₹ 10,000 if you fail to abide by the rules.
Application forms that are used Form 49B Application forms differ from one state to another. Indians must fill in Form 49A, and foreigners must fill in 49AA.
Documents to submit during the application You do not need to submit documents. When applying online, you need to submit the signed acknowledgement. Registration proof, your ID proof, PAN, etc. Note that the required documents may differ with each state in which you apply. ID proof, photographs in case of individuals, address and age proof.
Application cost You may need to pay ₹ 55 along with the service tax Charges differ from one state to another. You need to pay ₹ 107 if the address is in India and ₹ 989 if the address is located outside India.
Number of cards one can own 1 1 1

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