Form 49B Meaning | What is Form 49B in TAN? | UBS
Form 49B is an application form for the allotment of TAN number (tax deduction and collection account number) under section 23A of the Income Tax act, 1961. TAN is a 10-digit number provided to every entity that can collect tax on behalf of the Income Tax Department (ITD). TAN registration is mandatory to deduct tax on transactions.