Eligibility Criteria: A mandatory requirement for organisations involved in transactions that require submitting TDS proof to the Income Tax Department. A TAN will be compulsory if the payable amount is more than Rs 50,000 a month. Every business, individual, government agency or organisation deducting TCS or TDS is eligible for TAN application. Failure to do that will result in legal action and penalties. Besides that, Section 194M of the Income Tax Act 1951 allows a yearly TDS deduction of 5% for contractual work. Moreover, taxes on brokerage and commission are deductible if the principal amount is more than Rs 50 Lakh. Benefits of TAN Registration Filing TDS returns using TAN auto-populates deductee details, ensuring transparency. TAN enables tracking of TDS booking status for alignment with filed returns. Enterprises can apply for separate TANs for each branch or division. A unique 10-digit TAN is mandatory for filing ITR, TDS, or TCS statements for faster processing. Updated TAN details ensure timely TDS/TCS notifications from the Income Tax Department. Secure login areas provide deductors access to TDS and TCS data. Deductors can download input files for correction statements and check challan status. TDS status statements aid in monitoring and managing tax obligations. Section 200A simplifies TDS reconciliation for proper reporting and compliance.