One more step towards total computerisation of TDS system ,Income tax department now makes mandatory to register their TAN(tax deduction account number) online on Tin-Nsdl Site .The Basic reason as shown in the website are as under
Authenticated access (through user ID and password) will be provided to registered deductors. On login, the following will be available to the deductors-
- view of the status of all statements filed;
- download of consolidated quarterly e-TDS / TCS statement for preparation of correction statement; and
- other functionalities related to quarterly TDS /TCS statement.
First facility as described above is already available without registration but I think ,in future this facility will be upgraded and can be used only after login .But as the process is Just launched so the process will take time.
Second facility is most useful and desirable ,the reason is that when a person required to revise their Etds return due to inconsistencies in Etds return ,the original data is required for amendments and correction but in some of cases original data is not available with the assessee due to various reasons.Moreover after furnishing the return to Tin -Fc ,if assessee has no back up of original return then revised return can not be prepared .so introduction of new facility is very useful for the Tan holder .
Other functionalities Might be relates to new ForM 17,and UTN number concept .
so In my view ,this is good step in right direction.
Now the Process "How To Register Your Tan"
Details of Deductor
Contact Details of Deductor
Generation of Acknowledgement
Tan Regsitration page demo is given in the Image below.
Link to on-line Tan registration(click here)