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View/Download Bin Book Identification Number
The citing of the Book Identification Number (BIN) has been mandated by law for government deductors who submit TDS without payment via bank challans.
BIN is a component of TDS filing, or Tax Deducted at Source filing, by the deductor. The Accounts Officer, who is responsible for the processing, payment, and filing of TDS to the Income Tax department, has to fill up the TDS form in a particular format. The TDS format requires a few important information to be filled in. They are –
- Valid PAN of the deductee
- Valid TAN of the deductor
- Challan Identification Number (CIN), the number generated as a combination of BSR code of the bank where tax is deposited, date of deposit and the challan serial number allotted by the bank
- BIN Number consists of receipt number of 24G, DDO Serial Number in 24G, date of transfer voucher
Form 24G is used by AOs (Accounts Office) to submit information pertaining to TDS of an individual to the Drawing & Disbursing Officer (DDO) for the processing. When a ‘Deductor’ deducts TDS for a salaried individual or a non-salaried individual or any other person liable to pay tax, the Accounts Officer uses Form 24G to submit the information to the Income Tax department.
The DTO/PAO will file Form No.24G based on the information provided by the DDOs (which is a monthly e-TDS return). After the Principal Accounts Officer files monthly statements with Form 24G, a unique Book Identification Number will be published on the Tax Information Network (NSDL). This BIN must be included in the quarterly filings. The user can view or download the BIN number directly from the NSDL website.
What Information Does The BIN Number Include?
The BIN number includes the following information:
- Receipt Number: A seven-digit unique number assigned to each Form 24G statement that is successfully accepted by the TIN central system.
- DDO Serial Number: A five-digit unique number created for each DDO record that has a valid TAN in the Form 24G statement that has been successfully accepted by the TIN central system.
- Date: The last date of the month and year for which TDS/TCS is reported on Form 24G.
Steps To View And Download The BIN Number
In order to be able to report TDS information, the AO has to register their AINs on the NSDL/TIN website. Upon successful registration, they will be able to login to their account and view the BIN numbers of all the TDS accounts they have processed.
This is how the BIN View page looks –
The page is pretty self-explanatory for the AOs to download the BIN.
- To view/download BIN details, choose the time period (Month & Year) for which Form 24G statements were filed. To view/download BIN for a given TAN, enter the DDO's TAN and the time period (Month & Year) for which Form 24G statements were filed.
- BIN will be generated only for DDO records that have a valid TAN.
- Users can request BIN (view/download) for a maximum period of 12 months.
- It is optional to verify the amount of tax paid to the government. To validate the amount of tax remitted, the AO must tick the box and enter the amount of tax. If the data match the amount in the TIN central system, the message 'Amount matched' will be shown; otherwise, the message 'Mismatch in Amount' will be displayed.
- The file that can be downloaded will be a carat () separated text file.
- The file you download will be compressed and password protected.
- Extract the Zip file holding the BIN details in text form using WinZip version 9.0 or above, WinRaR version 3.90 or higher, or 7-Zip version 4.65 or higher.
- The password for extracting the contents of the BIN file will be AIN, which is seven digits long.
- The file will contain a DDO record with a valid TAN and associated BIN.
- If there are a significant number of records, the file will be split into several files.
What Happens If I Don’t Quote The BIN?
BIN details and the amount of TDS reported in the DDO's quarterly TDS statement will be cross-checked with the details entered in the PAO's Form No.24G for verification purposes. In the event that the DDOs report inaccurate information in the TDS statement, the attempted verification will result in a mismatch, and the credit to the associated deductee will not be provided in the Form 26AS relating to the deductee. That is why it is important that the BIN distributed by the appropriate PAO shall be accurately stated in the TDS statement provided by the DDOs, together with the associated amount.
BIN (Book Identification Number) FAQs:
1. What is TDS? Who processes it?
TDS is an abbreviation for tax deducted at source. As per the Income Tax Act, if a mandated transaction (for example, interest, fee, brokerage, rent, etc.) exceeds a specific prescribed range, the person making the payment is required to deduct tax at source (TDS). TDS must be deducted at the tax department's prescribed rates.The firm or individual that makes the payment after subtracting TDS is known as the deductor, and the company or individual who receives the payment is known as the deductee.
2. To pay TDS, what challan should I use?
TDS is paid to the government via Challan No. ITNS-281.
3. What is a Challan Identification Number, often known as a CIN?
Every Income Tax Challan is identifiable by a CIN, which includes the Bank BSR code, deposit date, and challan serial number.
4. What is Form 24G and how do I fill it?
Account Officers must provide Form 24G, which contains all information on tax deducted at the source. This data is forwarded to the Drawing and Disbursing Officer to be processed. When filing TDS, the AO must adhere to a strict format.
5. What will happen if there is a mismatch in the amount of TDS reported?
If DDOs submit incorrect information in the TDS statement, the attempted verification will result in a mismatch, and the credit to the related deductee will not be issued in the Form 26AS relating to the deductee.