Steno-Accountant
32 Points
Joined November 2008
Actually, the UTN number is unique transaction number allotted to every deduction by the Department based on the TDS Return efiled by the deductors. As the Rule stands now, the Deductor has to intimate the Deductee for 2009/10 Asst. or the deductee itself can go to the website of TIN, where they are making arrangement to download the respective assessee's UTN Number, the Dept. news says.
Nobody is clear on all these things! To my knowledge for every deduction, separate UTN number will be allotted as per the Dept. The matter is, in almost all the places, the deduction is one, the deductees are many, in which case, whether this, how this UTN Number will guide us. Let us see what happens in about 15 days, within which I feel the news may get clear regarding the UTN and all that.