Hi I am looking for the information about what TAN number is and also the TAN number for the State Bank of Hyderabad?

TAN is the curtailed type of Tax Deduction and Collection Account Number. It is really a special ten digit alpha-numeric (involving both letter sets and numerals) number, designated by the Income Tax Department of India. A TAN is required for each person who is endowed with the obligation of deducting or gathering charge at source, for the benefit of the Income Tax Department of India.

TAN ought to likewise be said on the TDS/TCS installment challan and all the TDS/TCS declarations to be issued. On the off chance that, TAN is not cited in TDS/TCS returns, they won't be affirmed. In addition, inability to cite the TAN on challans for TDS/TCS installments makes them unsatisfactory in banks.

Keeping in mind the end goal to apply for a TAN card or to make any changes in a current TAN record, one must present the imperative application structure (Form 49B), which is accessible at any of the Tax Information Network Facilitation Centers (TIN-FCs) that are overseen by the National Securities Depository Ltd (NSDL).

There are additionally procurements for online utilization of structure. The candidates need to pay just Rs. 50 and an extra administration charge (as appropriate) as handling expense at the TIN-FC's, when submitting Form 49B. Consideration ought to be taken that the structure does not stay fragmented structure, as they will be viewed as invalid and rejected. In the event of inability to apply for TAN (people who require TAN) or not citing the same in the predetermined reports and records, the individual will be required to pay a punishment of Rs. 10,000.

As of 25th May 2016 there is no clear information which has been provided by the State Bank of Hyderabad on the TAN Number of the bank.