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How to view and download book identification number (BIN) details
As per the mandate of the incumbent administrative bodies, it has now become necessary for the TDS deducting officials authorized by the government to state the BIN (Book Identification Number) on the TDS statement. Therefore, in the respective return statements, this number has to be stated. In case of any discrepancy or error while quoting the BIN number on the TDS return statement, the return document is considered erroneous and therefore, the return is bound to be rejected. This means that if there is incorrect quoting of BIN number, the return will not reflect in the concerned person's account.
Following is the procedure for viewing and downloading the details pertaining to BIN number:
- The first and the foremost step is to log-onto the official portal for Transaction Index Number (TIN). TIN portal is the basic platform where the Book Identification Number can be checked.
- There is a link for verification of the BIN number. Once you click on this, there will be a series of steps through which you will be automatically taken for BIN verification.
- In the next page that appears, there will be a number of details that you will have to mention. These details include “ TAN number, the number of the treasury, the total period for which the BIN has to be viewed etc.
- Under the option that reads Nature of Payment, there are several options that must be duly checked and verified before selection. These options generally pertain to the types of forms, based on the types of payments. For instance, for TDS on salary, there is Form number 24Q, for TDS against non-salary, there is Form number 26Q, there is Form number 27Q for the TDS returns for Non-residents against non-salary component etc.
- The next page that will appear on the screen will be the BIN verification page, on which there are details that you have to fill (for example, the BIN amount etc.)
- There will be check-boxes that you have to check after filling the details.
- Once you do this, there will be a tab that reads a verify amount. Click on this.
- The BIN verification status will be displayed on the screen.
HDFC Life offers various saving and investment plans that are aimed at making your funds grow and ensuring that there are stable returns over time. For details, click on the mentioned link: https://www.hdfclife.com/savings-plans .
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Francis Rodrigues
Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.
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