Procedure for Cancellation of TAN

• March 19, 2020
• CA Chandan Agarwal's Office

As we aware that some times assessee obtain TAN just to make some TDS payments and after those transactions and payments there is no need of that TAN in further future. Also some time an assessee may have been allotted multiple TAN. The multiple TAN may have been allotted to the Assessee for many reasons i.e. He may have applied multiple times for allotment of TAN and every time he has been allotted a TAN or may have inadvertently allowed multiple TAN by Income tax Department, NSDL or UTI. Assessee who have more than one TAN should immediately Apply for surrender of additional TAN number(s) allotted to them.

Cancellation/Surrendering of TAN can be done in two situations;

Read more on: https://taxguru.in/income-tax/procedure-cancellation-tan.html