• Dec
  • 09
  • 2012

TAN Account now migrating from TIN to TRACES (TDS-CPC)

Article ID 53905 | Posted In Income Tax | , | 82 Comments » Print Friendly and PDF

TRACES is a web-based application of the Income Tax Department that provides an interface to all stakeholders associated with TDS administration. It enables viewing of challan status, downloading of NSDL Conso File, Justification Report and Form 16 / 16A as well as viewing of annual tax credit statements (Form 26AS).

The portal is intended for use by the following types of users:

  • Deductors / Collectors
  • Tax Payers

Deductors / Collectors and Tax Payers will have to register on TRACES to create their account and view functionalities enabled for each user. Deductors / collectors will be able to view the status of challans. TRACES also enables deductors / collectors to view TDS / TCS credit and verify PAN of Tax Payers linked to the deductor / collector.

Tax Payers will be able to view the annual tax credit for their PAN for the TDS / TCS amount deducted by deductors (Form 26AS). Tax Payers can also view if deductor has filed statement for a particular FY and Quarter and whether their PAN is included in the statement filed by deductor.

Users will be able to login to TRACES after successful registration.

The portal aims to improve the overall service levels for deductors and tax payers by providing an interface with a range of online services accessible by users anytime, anywhere.

Click here for the detailed procedure for registration and login.

Source – www.relyonsoft.com