what is the difference between TAN and TIN?

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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What Settlement details are required on the delivery instruction slip?

4347


whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

1854


All Accounting Question Related Send Me ..

1666


Breif notes about accounting standards

2597


WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2037






How can a company reduce profit

1522


Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c

1380


bill to addres? ship to addres? rimit to address?

4540


why the RRB'S not lend loans directly to farmers?

1510


What is limit of turnover for registering under CST & limit of Form 'C '

11034


• What is depreciation and the method?

1588


Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.

1582


What is DECR And for wt it is used?

1652


What is account

1750


How can i do the entry of of service tax in tally.

1630