For tin & tan
This query is : Resolved
mansukh jat
(Querist)
12 April 2014
What are diffrence betwen TIN & TAN
Dintakurthi Tirumala
(Expert)
12 April 2014
1) TIN means Tax Identification Number and TAN means Tax Allocation Number
2) TIN uses for Sales Tax purpose only and TAX uses for Income tax purpose
3) TIN is useful to claim VAT Input on Purchases and to pay VAT Tax and to file VAT returns and TAN is useful to pay TDS/TCS deducted amount to the IT department and to file TDS returns
4) TIN allots on the name of the business organisation and TAN allots to individuals/HUFs/Firms/Companies etc....
5) Professionals not required to hold TIN while TAN may be required to hold
In one word we can say TIN is for Business activities and TAN is for income tax assessess.
OM SAI SRI SAI JAI JAI SAI
2) TIN uses for Sales Tax purpose only and TAX uses for Income tax purpose
3) TIN is useful to claim VAT Input on Purchases and to pay VAT Tax and to file VAT returns and TAN is useful to pay TDS/TCS deducted amount to the IT department and to file TDS returns
4) TIN allots on the name of the business organisation and TAN allots to individuals/HUFs/Firms/Companies etc....
5) Professionals not required to hold TIN while TAN may be required to hold
In one word we can say TIN is for Business activities and TAN is for income tax assessess.
OM SAI SRI SAI JAI JAI SAI
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
