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how to get Unique Tranc. Number

kulvinder singh (accountant) (205 Points)

05 June 2009

Is it mandatory to filed UIN number in New ITR Form, If , Yes how to get it.

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N.J.R (Practice) (346 Points)
Replied 05 June 2009

F.No. 142/22/2008-TPL

Circular No. 02 / 2009The return of income in Form No. ITR-1 to Form No.ITR-8 for Assessment Year 2009-10 have been notified which requires, amongst other, the quoting of the relevant UTN for every TDS or TCS claim made by the assessee. Therefore, the credit for any TDS or TCS claim will be allowed, amongst others, if the assessee quotes the relevant UTN for every TDS and TCS claim and the said UTN matches with the UTN in the database of the Income Tax Department. With a view to enabling the processing of returns relating to Financial Year 2007-08 (Assessment Year 2008-09) and enabling the assessee to receive the UTN for TDS and TCS transactions in the Financial Year 2008-09 (relevant for Assessment Year 2009-10), the following procedure shall be followed: -

(a) National Securities Depository Limited (NSDL) shall assign an UTN for every TDS and TCS transaction records in Financial Years 2007-08 and 2008-09, reported in the quarterly returns received by it.

(b) NSDL will create a facility to e-mail the UTN file to the deductor if the e-mail address of the deductor is available with them. In addition, they will also create a facility for the deductor to download the UTN file.

(c) Upon receipt of the UTN, the deductor will inform the UTN to the deductee. In cases where the UTNs are available to the deductor before the issue of the TDS/TCS certificate to the deductee, the deductor will indicate the UTNs on the certificate. However, if the UTNs are not available to the deductor before the issue of TDS/TCS certificate, the deductor shall, subsequently, send a consolidated statement of all TDS/TCS transactions indicating the UTNs.

(d) NSDL will also create a facility to allow independent viewing of the UTNs by the deductee. As a result, even if the UTNs are not received by the deductee from the deductor, they can be directly obtained from the NSDL database and quoted while making claims of TDS and TCS in the return of income.

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Sorabh Gupta (Manager ( Taxation )) (877 Points)
Replied 05 June 2009

Dear Kulvinder ,

right now evert one is in dilemma regardifng UTN no. . As per notification by income tax deptt. is the duty of deductor to provide details of UTN no. to deductee & you have to file return along with that UTN (as per new format). Even you have to fill the return for the F.Y. 2008-09 along with UTN no. If you notice on ITR form , in that form there is a column for UTN no. So no option until any thing explained by deptt.

Regarding UTN no. we was discussed with NSDL , orginally NSDL has to provide UTN no to all deductor & then deductor givr details to all his deductee. But right now NSDL dont know exactly about the UTN no. even they don't know its formation i.e. whether it is alpha-numeric OR numeric OR PAN no. based OR TAN no, based.

But may be they provide information upto June 2009 becoz indl has to file return upto july 2009 otherwise deptt. release some notification as they issued in case of form 17 .

So dear wait till any clarification ............... As we are also waiting for that.............