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What is difference between PAN No and TAN No

Answer Posted / pankaj patel

Dear All

PAN is Permanent Account Number ie account number of the
assessee in the Income Tax department and every assessee
should have only one PAN.

TAN is the Tax-Deduction Account Number i.e. the account
number alloted by Income Tax dept. to the assessee who has
right to duduct tax at source on income(TDS) or collect at
source (TCS).

Is This Answer Correct ?    29 Yes 7 No



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