Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

One tin no. for two firms

Pardeep (Accountant) (45 Points)

04 November 2011

Mr. A Started the Proprietorship Business & after some time he had opened 2nd proprietorship firm. My question is that one tin no. is used for his both of firms ?

Reply
Follow
Share

15 Replies

sunil (accountant) (46 Points)
Replied 04 November 2011

Mr. Pradeep in my knowledge one tin only for one firm. but i'm not 100% sure. so you wait for expert.

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Rahul Sharma (----------) (8192 Points)
Replied 04 November 2011

I THINK ONE TIN NO. FOR ONE FIRM

1 Like

Rahul Sharma (----------) (8192 Points)
Replied 05 November 2011

TIN no. belongs to firm & not proprietor. so u need seperate TIN for every fir.

1 Like

Pardeep (Accountant) (45 Points)
Replied 10 November 2011

thnx all of you.

Pardeep (Accountant) (45 Points)
Replied 10 November 2011

dear rahul,

it's mean one proprietor can use two tin no. on his name, if he has open two firms in which he is the proprietor & the business are also same.

Upgrade to CAclubindia Pro. Subscribe Now!

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 12 November 2011

one PAN= one TIN ( for incometax TDS/TCS)

tin is issued in name of pan holder, not in name of proprietorship business

------------------------------------------------------------------------------------------------------

for vat TIN, it should be business identity wise

Pardeep (Accountant) (45 Points)
Replied 14 November 2011

Dear U.S Sharma,

can u clear your answer.

harsh mangal shah (student) (29 Points)
Replied 08 August 2012

hello i want to knw that i m having a sole propreitorship company for eg XZY steel corporation dealing in bldg material supply so i hav

vat tin no & CST no

can i open another software comapny name ABC infotech on the same vat tin number & i m not having service no in this can i apply for service tax no on the this comapny .?????????

please revert me on this site or on my email id harsh_shah69 @ yahoo.com

Pinky_Sharma (Accounts Executive) (22 Points)
Replied 31 October 2013

Hi, I have a question, I want to open a shop where I sale multiple product (eg. cosmetics/ medical / fmcg / etc. product) so my question is Am I take only one TIn no. or product wise TIN no.

ambati venkatreddy (CA STUDENT) (38 Points)
Replied 24 November 2015

SIR,

WE PAYABLE THE ADVANCE DEPOSIT IN VAT IN A.P FOR THE YEAR:2015-16.

I HAVE GO TO E PAYMENTS THEN I HAVE NOT PAY BUT CHALLAN IS GENERATED. AND NEXT ANOTHER DATE WE HAVE GO TO E PAYMENTS SO HERE ANOTHER CHALLAN IS GENERATED.IT IS SHOW THAT WE HAVE TO PAYABLE TOTAL OF TWO CHALLANS.PLESE COULD YOU ANY ONE SOLVE THIS PROBLEM.

THANKING YOU...........

Upgrade to CAclubindia Pro. Subscribe Now!

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 25 November 2015

Originally posted by : ambati venkatreddy
	SIR, WE PAYABLE THE ADVANCE DEPOSIT IN VAT IN A.P FOR THE YEAR:2015-16. I HAVE GO TO E PAYMENTS THEN I HAVE NOT PAY BUT CHALLAN IS GENERATED. AND NEXT ANOTHER DATE WE HAVE GO TO E PAYMENTS SO HERE ANOTHER CHALLAN IS GENERATED.IT IS SHOW THAT WE HAVE TO PAYABLE TOTAL OF TWO CHALLANS.PLESE COULD YOU ANY ONE SOLVE THIS PROBLEM. THANKING YOU...........

at the time of generation of challan , specific ID is generated, and you have to use that only for payment purpose, instead of generating another challan,

now for cancellation of challan you have to approach your STO or PRO of commercial tax

vishnu bhardwaj (Tax Advocate) (212 Points)
Replied 25 November 2015

Dear friends,

Only 1 pancard is for 1 tin no.

Nandini Mantri (Student CA FINAL) (35 Points)
Replied 15 January 2017

Mr. A ( proprietor) has two different nature of businesses with two different names, should he hold single TIN for both businesses with different names or can he have two different TIN numbers for different name of businesses.

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 20 January 2017

Originally posted by : Nandini Mantri
	Mr. A ( proprietor) has two different nature of businesses with two different names, should he hold single TIN for both businesses with different names or can he have two different TIN numbers for different name of businesses.

normally Two seperate TIN is issued, but they are marked as related (unattached) establishments. before issue of fresh TIN officer ask the owner to merge both business under single name, however on documentary evidence subject to satisfaction of officer, they issue a seperate TIN, but both are always clubbed for the purpose of department

One Pan One Tin, one ID concept works everywhere, but under exceptional circumstances, two TIN are issued,

say one person has one business with a TIN on his pan card, and due to family inheritence he got another firm with another TIN, so he would be asked to merge the new TIN to old one, however if the nature of business and other situations are different and it would not be possible for the person to merge, then both will be marked under same PAN, but would be viewed as one identity for departmental purpose.