PAN means permanent account number which is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes.
Obtaining a PAN card or Permanent Account Number is mandatory for every tax payer or the person who needs to file an income tax return on behalf of self or others. Basically, any individual/non individual (including the foreign citizens/entities) earning taxable income in India must have a PAN card.
Any Photo ID card which are issued by central government, state government or any undertaking of public sector - Voter's ID card – Passport - Aadhar card - Ration card having Applicant's photo - Driving License.
Certificate of Registration that has been issued by the Registrar of Firms or Limited Liability Partnerships and Partnership Deed
Copies of their passport, Proof of Identity, Overseas Citizen of India proof issued by the Indian Government, a bank statement from their country and an NRE bank statement.
TAN stands for Tax Deduction and Collection Account Number. It is a unique 10 digit alpha numeric number allotted by the Income Tax Department (ITD) of India. TAN number to be obtained by all persons who are responsible for deducting or collecting the tax.
TAN is required to be obtained by all persons who are responsible for deducting or collecting tax. Under Section 203A of the Income Tax Act, 1961, it is mandatory to quote Tax Deduction Account Number (TAN) allotted by the Income Tax Department (ITD) on all TDS returns.