Day: June 23, 2018

TIN Number – Check Application of Tax Identification Number and Required documents

TIN Number – Check Application of Tax Identification Number and Required documents

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Like Permanent Account Number or PAN is an identification number for individual taxpayers, similarly, TIN is an identification number assigned to business enterprises for tracking their transactions. Tin is basically required for all entities that are registered under VAT for trade of goods and services. The idea behind the move is to integrate at a single place all tax-related information of business enterprises operating in various states and carrying out inter-state as well as intra-state transactions. TIN is required for business enterprises and is assigned by the Income Tax Department for monitoring transactions and attributing them to various business entities. TIN consists of 11 characters out of which the last two depict the state of the applicant. All business dealers who seek