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 |