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T.C.A.N. Nos. Window Window

Use this window to define codes for the T.C.A.N. numbers. The code must be unique - you cannot have the same code twice in one table. You can specify a maximum of 10 alphanumeric characters for a code. You can setup multiple codes in the window.

As per Section 203 A of Income Tax Act, 1961, it says “ With effect from October 1, 2004, every person, deducting tax or collecting tax, who has not been allotted a Tax Deduction Account Number or , as the case may be, a Tax Collection Account Number , shall within one month from the end of the month in which tax was deducted or collected or January 31, 2005, whichever is later, apply to the Assessing Officer in Form No. 49B for the allotment of a Tax Deduction and Collection Account Number.

Where a Tax Deduction Account Number/Tax Collection Account Number/Tax Deduction and Collection Account Number has been allotted to a person , such person shall quote such number in all the Challans, Certificates, Returns and Other documents pertaining to such transactions as may be prescribed."

The above paragraph is applicable on all applications made after 31st January 2005 either for “Tax Deduction Account Number” or for “Tax Collection Account Number”. Only one number will be allotted as “Tax Deduction and Collection Account Number” for both purposes. If a person has “Tax Collection Account Number”, the same can be used for TCS purposes.

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