About tin facilitation centre

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Querist : Anonymous

Querist : Anonymous (Querist)

17 January 2015 i just wanted to know whether a CA can start a TIN Facilitation centre.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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17 January 2015 Dear Sir,
yes a ca can open the TIN FACILITY CENTRE.

TERMS AND CONDITIONS FOR ACTING AS A TIN FACILITATION CENTER
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1 WORK ASSIGNED BY NSDL AS A TIN FACILITATION CENTRE
Acceptance of PAN Application (Form No 49A)
Acceptance of TAN Application (Form 49B)
Acceptance of e‐TDS/e‐TCS/AIR/e‐TBAF returns in electronic mode from Corporate and Non‐Corporate Assesses.
Digitization of paper returns filed with Income Tax Department.

INFRASTRUCTURE / MANPOWER REQUIRED
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TIN Centre must have a minimum office space of 250 sq. ft. and the office is located at the central location or its nearby location of the city.
The operator should have knowledge of operating systems and general hardware knowledge. His minimum qualification
should be B.A/ B.Com/ M.Com.

Minimum TWO BRANDED computer systems with
WINDOW XP PROFESSIONAL -32 BIT LICENSING REQUIRE

Minimum Configuration
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2 Hard Disk: 320 GB
Memory: 2 GB
CPU : Core 2 duo
10/100 Mbps network card
Floppy Drive
DVD Drive
Antivirus

Other system requirements:
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Operating System Windows X P/ 2007
Anti Virus Software Licensed LAN Card HP Scanner 3670.

ELIGIBILITY CRITERIA
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TIN Centre should be engaged in a business regulated by any of the following entities,
Securities and Exchange Board of India(SEBI) Insurance Regulatory and Development Authority(IRDA) Association of Mutual Funds in india (AMFI); Reserve Bank of india (RBI); Controller of certifying Authorities (CCA)/Certifying Authority (CA)/ Registering Authority (RA) for distribution of DSC; The institute of cost and Works Accountants of india (ICWA); The institute of Chartered accountants of india (ICAI); Institute of Company Secretaries of india (ICSI);or Advocates/Tax Consultants/Accounting Practitioners (Registered with the respective councils/ associations

COMPLIANCE OF RULES & REGULATIONS
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The TIN Centre must follow the Service Standards prescribed by NSDL
The procedure for acceptance of returns, maintenance of back‐up and purging policy should be followed strictly.

SECURITY DEPOSIT
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fee will be kept by the Company as Interest Free Refundable Security deposit. The deposit will be refundable after surrendering of TFC activity and submission of all the documents/papers and completion of all pendencies relating to forms or NSDL compliances.

Regards,

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