Friday, January 17, 2014

Quote correct BIN to file TDS Statements within Due Date

It is mandatory for Government deductors, who are reporting TDS without payment through bank challans, to quote correct Book Identification Number (BIN), while filing TDS/TCS statement. In case correct BIN is not quoted in the respective TDS statement, a Short Payment demand shall be raised by CPC(TDS).
As you may be aware, BIN is generated by the Tax Information Network (NSDL) once the respective
Principal Accounts Officer files monthly statements in Form 24G.

You are requested to contact  your respective PAO/ AO/ AAO/DTO/ TO/ CDO and collect the BIN details. You can also check BIN from TIN portal at

Please note that the due date for filling TDS/TCS statement for the Quarter 3 of Financial Year 2013-14  is 31st January’2014. You are, therefore, advised to file your TDS/TCS statement on time to avoid late filing fee of Rupees 200/- per day u/s 234E of Income Tax Act, 1961.
For any further assistance, you can also write to or call toll-free number 1800 103 0344