TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. Under Section 203A of the Income Tax Act, 1961, it is mandatory to quote Tax Deduction Account Number (TAN) allotted by the Income Tax Department (ITD) on all TDS returns.
Since last few years ITD has revised the structure of TAN. It is a unique 10 digit alphanumeric code. Accordingly, they have issued TAN in this new format to all existing TAN holders.
To facilitate deductors find their new TAN, ITD has now introduced a search facility in their website (www.incometaxindia.gov.in). Through this facility deductors can search on their name and old TAN to find the new TAN. Deductors are advised to find the new TAN from this site before it is incorporated in their e-TDS return file to avoid any inconvenience at the time of furnishing e-TDS return.
Tax Information Network (TIN) is an initiative by Income Tax Department of India (ITD) for the modernization of the current system for collection, processing, monitoring and accounting of direct taxes using information technology. TIN is a repository of nationwide Tax related information, and has been established by NSDL e-Governance Infrastructure Limited on behalf of ITD.
For more details, go to the following link: https://www.tin-nsdl.com/about-us.php
08 December 2013
IMPORTANT FEATURES OF DIRECTOR IDENTIFICATION NUMBER
(a) Any individual who is a director or intends to become a director of a company should apply for DIN. All the directors of a company must obtain DIN. (b) DIN Application Form is available on the home page of MCA website. The Form will affix his/her photograph and send the same, along with photocopies of identity and residence proof, duly attaested by Notary/ Gazetted Officer/Certified Professionals (CA/CS/ICWA) to the MCA DIN Cell, P.O. Box No. 03, Noida – 201301 Uttar Pradesh, India. (c) Rs. 100 fee is chargeable for this and an online application is to be filed for obtaining the same. (d) The Form will be processed by the MCA Din Cell. Once approved, DIN confirmation and activation letter will be sent to the applicant. An e-mail in this regard will also be sent to the applicant at the e-mail ID provided in the DIN application. (e) The provisional DIN can be used for e-filing. (f) Towards identity proof, duly attested photocopies of any one of the following viz. PAN card, Driving License, Passport, Voter ID Card, Telephone Bill, Ration card, Electricity Bill and Bank Statement, need to be filed with the DIN application. (g) DIN application is also to be supported with proof of residence of the applicant director which can be any one of the following viz. Passport, Voter ID Card, Ration card, Driving license, Electricity Bill Telephone Bill and Bank Statement. In case of a foreign director, residence proof can be submitted in form of certificate from the management of the company certifying the present residential address of the foreign director in India. (h) DIN is mandatory for e-filing of forms and documents and PAN cannot be used as an alternative to DIN. (i) DIN is mandatory for directors of Indian companies who are not citizens of India. (j) DIN is not mandatory for directors of foreign company having branch offices in India. (k) Only a single DIN is required for an individual, irrespective of number of directorships held by him/ her. All the directorships of an individual would be mapped in the database through that DIN. (l) Even on resignation of a director the DIN will not be cancelled.
Company Secretaries and Managers are not required to obtain DIN.
For latest amendment on DIN go to the following Circular also: