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What is TAN, TAN, PAN, DIN and what are uses of these in
any company/organization/firm. pl tell me
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Answer Posted / shammas gazzali
TIN(tax identification number)- 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.
TAN (Tax Deduction Account Number) is an alphanumeric number issued to individuals who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
DIN (Director Identification Number) it is used for
director registration with Registrar Companies.
PAN( Permanent Account Number) Is issued in the form of a laminated card, by the Income Tax Department, to any "person" who applies for it or to whom the department allots the number without an application.
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