Full Form of TIN:
Tax Information Network
TIN Full Form is Tax Information Network. In order to make the direct tax payment a lot smarter and systematic, the Income Tax Department started the internet based Tax Information Network or TIN. A smart initiative as it is, the TIN has greatly modernized the processing, functioning and the accounting of direct tax for both the taxpayers as well as the government. Tin is like one of those software which are designed specially to make one’s task easier. Here are some of the services that TIN provides online:
The e-Tax payment facility enables a taxpayer to pay his Income Tax online by simply filling up a challan. However, in order to do so, the taxpayer needs to have an account in any prominent and recognized bank in the country which provides net banking facility.
Acceptance of Returns and Statements:
Via the Tax Information Network, one can also submit their TDS/ TCS statements. Not just that, if a person needs to make any amends in your statement, there are facilities for that as well. Apart from this, the users can also submit their Annual Information Returns (AIR) and other related documents if one needs to.There are several other services provided by TIN that benefit all taxpayers greatly.
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