Tax Information Network (TIN) Ver 1.0

NSDL
Tax Information Network (TIN)
TIN - For a better tomorrow
www.tin-nsdl.com
Contents

Introduction Before TIN was set up......
NSDL
After TIN was set up..

Components of TIN

Online Tax Accounting System (OLTAS) Computerization of TDS functions Generation of PAN Ledger
www.tin-nsdl.com
Contents
TIN - The Big Picture

NSDL
Taxpayer Assistance
E-payment of direct tax Status of challan NSDL RPU Validating return using FVU
Preparation & Submission of e-TDS/TCS Statement
e-TDS/TCS Statements

Charges Key points

3
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Contents
Feedback to deductor
NSDL
Online views
Annual Tax Statement (Form 26AS) New at TIN Key performance parameters Other facilities offered by NSDL under TIN Contact details NSDL
www.tin-nsdl.com
NSDL
Introduction
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Challenges of Tax Administration

NSDL
Tax payers to file Income Tax returns every year

Income Tax returns are scrutinized by the Assessing officers
To verify correct computation of tax and deposit thereof
Assessment primarily based on documents submitted by tax payers
return
and
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Hurdles faced by the department

NSDL
Limitations of the Income tax process
Lack of compliance by tax evaders

Not filing Income Tax returns Not paying taxes Not declaring information regarding total income
Compliance painful process for genuine taxpayers
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Strategies adopted by the department
NSDL
Third party deduction of tax (TDS) Third party reporting of income (TDS) and expenditure (one in six) Intrusive investigation
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NSDL
Before TIN was set up......
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Concerns for the department
NSDL
TDS in paper form - Maintenance and storage of paper returns for deductor, deductee as well as the department
Reconciliation and verification of information of TDS deducted and actually deposited

Loss of revenue to Government
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NSDL
After TIN was set up......
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TIN Project
NSDL
Director General of Income Tax (Systems) was designated as e-TDS Administrator NSDL declared as e-TDS Intermediary for
Collection and consolidation of TDS returns, tax payment challans & AIR to the central system
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TIN - Purpose
NSDL
Integrate primary information of tax collection Record keeping
Dissemination and retrieval

Ensure tax credit against tax received in Government account
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TIN- Benefits
NSDL
Convenience in record keeping and filing of TDS returns Reduced cost of compliance for tax payers Reduction in leakage Increase in tax base Improvement in process efficiency and transparency Enables speedy reconciliation Faster transfer of tax collected to Government Data mining for trends and projections
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Components of TIN
NSDL
Online Tax Accounting System (OLTAS) Computerization of TDS functions Generation of PAN Ledger
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NSDL
Online Tax Accounting System (OLTAS)
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OLTAS
TDS deducted by deductor is deposited by them into the Government account through the designated banks and its branches Payment of TDS to the bank is made vide a challan
NSDL
Banks accept the payment and issue counterfoil of challan as proof of payment received to the deductor
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OLTAS
NSDL
Upload of Tax Deposit details by banks to TIN Central System

who paid, how much, through which instrument
Facilitates verification of Tax Deposit as claimed in TDS and IT

returns
RBI TIN- NSDL
Online
Tax Deposit
TDS/IT
OR
Bank branch
Nodal Branch
Link Cell 18
Physical
Tax Collecting Banks TIN - For a better tomorrow
www.tin-nsdl.com
OLTAS
Each challan uniquely identified by Challan Identification Number (CIN)

NSDL
Challan serial no. Bank Branch code (BSR code) Challan Tender date
CIN provided by bank to payer/deductor on deposit of tax
every
tax
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Benefits of OLTAS
NSDL
Receipt of tax payment information within 3 days
Central database information
containing
tax
payment
Reconciliation with RBI

Facility to taxpayers to view their payment information online
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NSDL
Computerization of TDS functions
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E-TDS return
Rationalization of forms 16 forms consolidated to three forms Periodicity for filing returns made from Annual to Quarterly Electronic filing mandatory for
NSDL
Corporate deductors Government deductors Deductors required to get their accounts audited u/s 44 AB of Income Tax Act Deductors having 20 or more deductee records
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E-TDS return
NSDL
Minimum level of quoting PANs in the TDS return specified Necessary amendments in

Chapter XVII-B of Income Tax Act Rules 31A and 31AA of Income Tax rules
Higher rate of TDS if PAN of deductee not quoted in TDS return
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E-TDS return
NSDL
Open File format clearly defined file format for preparation of returns in ASCII format File Validation Platform independent File validation utility (FVU) to ensure

Correct format of return Return meets the prescribed validations
Return preparation utility Free return preparation utility made available by TIN Deductor can use any RPU for preparation of return
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Acceptance of TDS returns

NSDL
Online and offline facility to deductors for preparing and submitting electronic return
ERACS
Tax Collecting Bank
Online
Deductor TDS
TIN- NSDL
E-TDS Return
Facilitation Centre
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Acceptance of TDS returns

NSDL
Direct upload of returns using Internet
Returns digitally signed by deductor Digital Signature Certificate (Class II or III)
Returns submitted at TIN-FCs
Returns in computer media Authentication of submission in summary sheet (Form 27 A) signed by deductor
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NSDL
Generation of PAN Ledger
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Generation of PAN Ledger

NSDL
Matching of challan information in the TDS returns with the corresponding information from OLTAS Generation of PAN Ledger for all PANs in the return provided
Challan information in return matches information in OLTAS PANs are provided in the return are valid and present in the PAN Master database.
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Feedback to Taxpayer
NSDL
Deductor could verify whether
Banks have correctly uploaded data of challans deposited by them TDS returns filed by them have been successfully uploaded to the central system Details of deposits of TDS in the returns have matched with corresponding data in OLTAS Annual Tax Statement of taxpayers (deductees) have been correctly booked
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Viewing Annual Tax Statement online

NSDL
Limited password deductees
based
online
access
to
To view their Annual Tax statement online To verify whether Tax credits due to them are correctly reflecting in the Annual Tax statement
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NSDL
TIN The Big Picture
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FILER
DEDUCTOR
TAX PAYER NSDL
ERACS
TIN - FC DIRECT UPLOAD
OLTAS
(BANKS)
CPLGS
TIN VIEWS
DEDUCTOR VIEW (RETURN STATUS)
ITD VIEW
TAX PAYER VIEW (26AS)

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Taxpayer Assistance
NSDL
Stakeholder Education
Information dissemination through websites

www.incometaxindia.gov.in www.tin-nsdl.com
Deductors manual for providing guidance on procedures Focused Awareness Seminars for deductors Special training programs for Tax practitioners to create and spread awareness
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HOME PAGE-TIN WEBSITE

NSDL
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E-payment of direct tax

NSDL
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NSDL
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NSDL
This challan should be used for deposit of TDS/TCS

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NSDL
Provide these details correctly. Banks do not have authority to rectify errors in these fields
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NSDL
E-payment of taxes to be done through your net banking account

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OLTAS-Challan Status Enquiry

NSDL
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OLTAS-Challan Status Enquiry

NSDL
Enter challan details as provided in the challan counterfoil given by the bank
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OLTAS - Challan Status Enquiry

NSDL
Check status of challans deposited before preparing TDS statement

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Challan Status Enquiry

NSDL
Details of Challans deposited for given period can be viewed online
Download the challan file and verify the challan details in the statement through FVU
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Challan Status Enquiry

NSDL
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Status of challan
NSDL

Online challan status track SMS based Send SMS to 575758 SMS to contain the word CSI followed by space and CIN (BSR code, tender date, challan serial no.) amount is optional CIN and amount should be comma separated Eg. CSI 0510001,11032009,5,5000 Status will display TAN / PAN Whether amount matched or not Received in TIN (date)
SMS charges may vary from one service provider to another
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NSDL RPU
NSDL
Select the Form No for which statement needs to be prepared
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NSDL RPU
NSDL
Select the type of statement (Regular or correction) to be prepared and click to continue
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Enter deductor details

NSDL
Fields marked * are mandatory fields
Provide updated email id or contact phone no.

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Enter challan details details of taxes paid

NSDL
Select relevant section code
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NSDL
Mention Yes if you are a Government deductor and tax is not deposited in the bank through a challan
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NSDL
Challan details should be as provided by the bank (Verify challan status uploaded by bank before preparing statement
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Enter deductee details (Annexure I)

NSDL
Select relevant challan serial no
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NSDL
Details of selected challans will be automatically displayed in the fields highlighted in grey
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NSDL
Sequence of serial no. of deductee records should be different for each challan
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NSDL
Provide valid PAN of deductees
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NSDL
Total tax deposited should be greater than or equal to total tax deducted
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Enter salary details (Annexure II Form 24Q)

NSDL
Enter salary details for the entire Financial Year
Provide valid PAN of employees
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NSDL
Enter salary details for the entire Financial Year
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NSDL
To save the intermediary file, select the option Save. This file can be reopened for further processing by using the Open through RPU.
To create .txt file, you have to click Create File
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NSDL
Verify challan details by providing path of challan details downloaded from the TIN website (.csi file)
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NSDL
Provide path where output file/error file to be generated and click on Validate
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Validating return using FVU

NSDL
FVU is integrated with the NSDL RPU Returns prepared using NSDL RPU will be validated through FVU on clicking Create File On successful validation .fvu and .txt file will be generated In case of failure of validation error file and .txt file will be generated
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Preparation of e-TDS/TCS statement Validations
NSDL
Validate TDS/TCS statement using File Validation Utility FVU (Latest version on NSDL website www.tin-nsdl.com) In case of valid TDS/TCS file FVU will generate the following:

.fvu file (validated file to be submitted to TIN-FC) Statement statistic report (contains summary of statement) Deductee PAN statistic report (contains details of invalid deductee
PAN in statement)
In case of invalid TDS/TCS file, error file will be generated. Rectify the error and re-validate through FVU
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Preparation of e-TDS/TCS statement Validations Verify challan details by providing path

of challan details downloaded from the TIN website (.csi file)
NSDL
Provide path where output file/error file to be generated and click on Validate
Back
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Submission of e-TDS/TCS Statement

NSDL
Submit TDS / TCS statement
Regular .fvu file in CD / floppy

Physical
Form 27A
Correction .fvu file in CD / floppy Physical Form 27A Statistic report in physical Photo copy of Provisional receipt of regular statement
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TDS/TCS Forms & Periodicity

Quarterly (From FY 2005-06 onwards)
Form No. 24Q 26Q Description For salary deduction For non-salary deduction (Rent , Contractor etc.) For deduction on payment to nonsalary nonresident Collection of TCS on sale Timber, scrap etc Quarterly Periodicity Quarterly Due Date For first three quarters: within 15 days from end of quarter. For last quarter: upto 15th May in the succeeding F .Y.
NSDL
27Q
Q1 15th July Q2 15th October Q3 15th January Q4 15th May

For first three quarters: within 15 days from end of quarter. For last quarter: upto 15th May in the succeeding F.Y.
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27EQ
27A
With each e-TDS/TCS statement in physical form.

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e-TDS/TCS Statements - Charges

NSDL
No. of records
Upto 100 101 to 1000 More than 1000 *Inclusive of taxes
Upload fee (`.)*

30 182 606
No charge for statement not accepted.
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e-TDS/TCS Statements Key points

NSDL
Check status of challans before preparation of TDS statement regular/correction
Save .fvu file of all TDS/TCS statements filed Preserve all Provisional Receipts (PRN)
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e-TDS/TCS Statements Key points

NSDL
File correction return to

make changes in the TDS /TCS return filed (regular) Remove deficiencies/inconsistencies in the TDS/TCS return filed
Correction return can be filed only if original return is accepted in TIN Check status of return prior to filing correction return
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Feedback to Deductors
NSDL
Online views Non filer letters Inconsistency letters
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Online Views
NSDL
Challan Status Enquiry Quarterly Statement Status Refund Status
Annual Tax Statement (Form 26AS)

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Quarterly Statement Status
Status displayed on the basis of TAN & Provisional Receipt

number. Following details can be viewed:
NSDL
Whether statement has been uploaded to TIN central system by TINFC Status of statement at TIN (accepted / rejected) Status of challan (booked / unmatched) Number of deductees whose PAN accounts have been booked. Line no. of deductees in statements whose PAN accounts could not be booked. Confirm whether a specific PAN account has been booked.
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NSDL
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NSDL
Provide TAN and PRN of statement for which status needs to be viewed
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NSDL
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NSDL
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NSDL
If challan status is Match pending or Match failed, deficiencies in the statement to be rectified vide correction statement
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NSDL
Status of deductee whether booked or not can be verified by providing PAN and amount deducted
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Refund Status
NSDL
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Refund Status
NSDL
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Annual Tax Statement (Form 26AS)

NSDL
Form 26AS is a consolidated tax statement issued under Rule 31 AB of Income Tax Rules. Form 26AS with respect to a financial year includes details of:
All
tax deducted at source (TDS);

tax collected at source (TCS); and
All
All
advance tax/self assessment tax/regular assessment tax /Fringe Benefit Tax etc., deposited in the bank by the 81 taxpayers (PAN holders).
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Benefits of Form 26AS

PAN holder can verify the following:
NSDL
TDS / TCS has been deposited to the Government account
Deductor/collector has accurately filed the TDS/TCS statement giving details of the tax deducted/collected on the deductees behalf
Bank has properly furnished the details of tax (e.g. Advance Tax, Self-assessment Tax etc.) directly deposited by the tax payer Consolidated tax statement (Form 26AS) as a proof of tax deducted/collected
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Form 26AS
NSDL
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Form 26AS
NSDL
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Form 26AS
NSDL
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Views for Tax Payers- Form 26AS addition of refund (paid) details
NSDL
Refund (paid) details from FY 2009-10 (AY 2010-11) onwards

E.g. refund for FY 2005-06 received in FY 2009-10
Following details will be displayed:
AY for which refund is paid Mode of payment ECS, paper(cheque) etc Amount of refund Date of payment
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Views for Tax Payers- Form 26AS addition of refund (paid) details
NSDL
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Registration for view of Form 26AS

NSDL
Registration at TIN website (www.tin-nsdl.com) Successful Registration-Acknowledgment Slip

displayed
will
be
Verification and Authorization by TIN-FC

Verification mode PAN holder to visit TIN-FC ` 15* TIN-FC to visit PAN holder ` 100*
* Rates are exclusive of applicable service tax
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Verification & Authorization

Proof of Identity Individual: PAN Card in original with a copy HUF: PAN Card of HUF and PAN Card of Karta Non-individual/HUF: 1. PAN Card in original with a copy 2. Authority Letter 3. PAN Card of Authorized Individual
NSDL
Status of registration available on NSDL website

Three days after authorization Form 26AS can be viewed online
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New at TIN

Online TAN registration Consolidated TDS/TCS statement Download of Form 26AS View of Form 26AS through Net banking
Citibank N.A. Corporation Bank IDBI Bank Ltd. Indian Overseas Bank State Bank of India State Bank of Mysore Union Bank of India
NSDL
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New at TIN
NSDL
View of Form 26AS from e-filing portal of ITD
Eight digit receipt number for TDS/TCS regular

statement
Monthly statement Form 24G to be filed by PAO
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Online TAN registration

NSDL
Register your TAN on NSDL TIN website www.tin-nsdl.com Login to the website after successful registration and receipt of user id, password Request for consolidated quarterly TDS/TCS statement on login
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NSDL
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NSDL
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Online TAN registration form

NSDL
Enter relevant details. Fields marked * are mandatory
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Online TAN registration form

NSDL
Enter details of accepted regular statement for verification

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Consolidated TDS/TCS statement

NSDL
Deductors who have registered their TAN online can request for consolidated TDS/TCS statement Consolidated FVU files is available for TDS/TCS statements pertaining to F.Y. 2007-08 and onwards. TDS/TCS statement (consolidated) provided by TIN will include all the updates done vide correction statements (accepted at TIN central system) filed by deductor/ collector. Consolidated statement will be sent to the deductor via email within 24 hours of placing request
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Contents of Consolidated TDS/TCS statement

NSDL
Details as per latest statement: Updated details of deductor/challan/deductee/salary records will be provided. Challan matching flag: Challan matching flag which indicates the status of challan / transfer voucher
M Matched, U Unmatched, P Provisionally booked.
No updates should be carried out on challans/transfer voucher with status M or P.

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NSDL
Expected record no. for challan/deductee/ salary detail record to be quoted in subsequent correction statement.
This has been incorporated to facilitate quoting record number in sequence for added records in correction statements
Example

There are 5 challans in regular statement which is accepted at TIN. 1 challan is added by furnishing correction statement which is rejected at TIN. 2 challans added by furnishing another correction statement which is accepted at TIN. If one more challan is to be added vide another correction statement, sequence number of the expected challan record in the consolidated e-TDS / TCS statement will be 8.
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NSDL
Provisional receipt number (PRN): In correction statement, deductor/collector is required to quote PRN as under to identify the statement in TIN central system for update:
Corresponding regular statement Latest accepted/partially accepted correction statement
To facilitate the deductor/collector in quoting correct PRN of Regular and Correction statement, same is provided in the consolidated TDS/TCS statement.
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Download of Form 26AS

NSDL
Form 26AS can be downloaded in text form (carat separated) from the TIN website Facility to download is available on the View Tax Credit screen Benefits of this facility
Downloaded form 26AS can be used for preparation of Income Tax return
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Form 26AS download of text file
NSDL
Form 26AS can be downloaded in text format (carat separated .txt file) by clicking here
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Eight digit receipt number

NSDL
Eight digit receipt number will be issued for statements filed pertaining to FY 2010-11 and onwards
Deductor has to quote this receipt number on the TDS certificates provided to the deductees.
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Form 24G electronic TDS/TCS Book Adjustment Statement (e-TBAS)

NSDL
Monthly statement To be filed by Pay and Accounts Office of Government departments (PAO/DTO/CDDO)
Where tax is transferred vide book entry (transfer voucher)
To be filed in electronic form Accounts Office Identification Number (AIN) is mandatory for preparation of Form 24G
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Procedure for allotment of AIN

NSDL
Duly filled and signed AIN application form to be forwarded by PAO/DTO/CDDO to Jurisdictional CIT (TDS)
CIT (TDS) to verify and forward the application to NSDL NSDL to allot AIN and send AIN allotment letter to PAO/DTO/CDDO
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Preparation of Form 24G

NSDL
Open File format clearly defined file format for preparation of returns in ASCII format File Validation Platform independent File validation utility (FVU) to ensure

Correct format of return Return meets the prescribed validations
Return preparation utility Free return preparation utility made available by TIN PAO/DTO/CDDO can use any RPU for preparation of return
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Key performance parameters Increase in compliance w.r.t filing TDS/TCS statements
NSDL
Notes:
Due date for filing Q4 of FY 2009-10 was June 15, 2010 Counts are as on July 26, 2010
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Key performance parameters Increase in compliance w.r.t quoting of deductee PAN

%age of Valid PANs
NSDL
100 90
%age of valid PANs
80 70 60 50 40 30 20 10 0 2006-07 2007-08 2008-09 2009-10
%age of Valid PANs
Financial Year
Notes:
Due date for filing Q4 of FY 2009-10 was June 15, 2010
Counts are as on July 08, 2010

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Key performance parameters Generation of Form 26AS

Counts of PAN ledgers generated
3 Financial years
NSDL
Notes:
No. in crores
PAN ledger creation FY
0 2005-06 2006-07 2007-08 2008-09 2009-10
Due date for filing Q4 of FY 2009-10 was June 15, 2010 Counts are as on July 26, 2010
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Other facilities offered by NSDL under TIN

NSDL
Acceptance of Annual Information Return Acceptance and processing of PAN / TAN applications
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Contact us at
NSDL
TIN Call Centre (TCC) National Securities Depository Limited 3rd Floor, Sapphire Chambers Near Baner Telephone Exchange Baner, Pune 411 045. Tel: 020 2721 8080 Fax: 020 2721 8081 Email: tininfo@nsdl.co.in Website: www.tin-nsdl.com
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NSDL

Tax Information Network (TIN)

TIN - For a better tomorrow

Introduction Before TIN was set up......

After TIN was set up..

TIN - For a better tomorrow

TIN - The Big Picture

Preparation & Submission of e-TDS/TCS Statement

Charges Key points

TIN - For a better tomorrow

TIN - For a better tomorrow

TIN - For a better tomorrow

Challenges of Tax Administration

Tax payers to file Income Tax returns every year

To verify correct computation of tax and deposit thereof

Assessment primarily based on documents submitted by tax payers

TIN - For a better tomorrow

Hurdles faced by the department

Limitations of the Income tax process

Lack of compliance by tax evaders

Compliance painful process for genuine taxpayers

TIN - For a better tomorrow

Strategies adopted by the department

TIN - For a better tomorrow

Before TIN was set up......

TIN - For a better tomorrow

Concerns for the department

Reconciliation and verification of information of TDS deducted and actually deposited

TIN - For a better tomorrow

After TIN was set up......

TIN - For a better tomorrow

TIN - For a better tomorrow

Integrate primary information of tax collection Record keeping

Dissemination and retrieval

TIN - For a better tomorrow

TIN - For a better tomorrow

TIN - For a better tomorrow

Online Tax Accounting System (OLTAS)

TIN - For a better tomorrow

TIN - For a better tomorrow

Upload of Tax Deposit details by banks to TIN Central System

who paid, how much, through which instrument

Facilitates verification of Tax Deposit as claimed in TDS and IT

Tax Collecting Banks TIN - For a better tomorrow

Each challan uniquely identified by Challan Identification Number (CIN)

CIN provided by bank to payer/deductor on deposit of tax

TIN - For a better tomorrow

Receipt of tax payment information within 3 days

Central database information

Reconciliation with RBI

TIN - For a better tomorrow

Computerization of TDS functions

TIN - For a better tomorrow

TIN - For a better tomorrow

Higher rate of TDS if PAN of deductee not quoted in TDS return

TIN - For a better tomorrow

Correct format of return Return meets the prescribed validations

TIN - For a better tomorrow

Acceptance of TDS returns

Acceptance of TDS returns

Direct upload of returns using Internet

Returns digitally signed by deductor Digital Signature Certificate (Class II or III)

Returns submitted at TIN-FCs