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Answer Posted / anil kumar sharma
TIN stands for Taxpayer Identification Number and which is
an employer identification number assigned by the Internal
Revenue Service (IRS) when registering a company to do
business.
TAN stands for Tax Deduction Account Number and Collection
Account Number which is a 10 digit alpha numeric number
required to be obtained by all persons who are responsible
for deducting or collecting tax. It is compulsory to quote
TAN in TDS/TCS return (including any e-TDS/TCS return), any
TDS/TCS payment challan and TDS/TCS certificates
| Is This Answer Correct ? | 232 Yes | 28 No |
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