PAN (Permanent Account Number) is a unique 10-digit alphanumeric ID used to track your financial transactions and tax liabilities. TAN (Tax Deduction and Collection Account Number) is specifically required for individuals or entities who are responsible for deducting tax at source (TDS) or collecting tax at source (TCS). Essentially, PAN is for paying tax, and TAN is for deducting it from others.

Every business entity must have a PAN. However, a TAN is only mandatory if your business makes payments that require TDS—such as paying salaries, rent over a certain limit, or professional fees. If you are required to deduct TDS but do not have a TAN, you can face significant penalties.

For an individual, you typically need identity proof (like Aadhaar), address proof, and photographs. For a Company or Partnership firm, you need the Certificate of Incorporation or a Partnership Deed, along with proof of the registered office address. AccountSewa handles the documentation and filing to ensure error-free allotment.

For individuals, an e-PAN can often be generated within 24 hours. Physical PAN cards usually arrive within 10–15 business days. TAN allotment typically takes 3–7 business days after the application is submitted to the NSDL/Income Tax department.

Yes. If there are mismatches in your name, date of birth, or address on your current card, we facilitate the Correction/Update process. We also assist in surrendering duplicate PANs or TANs, which is important because holding more than one of either is illegal and can lead to a ₹10,000 penalty.