How to download 26QB- Justification Report from TRACES

Article contains Important Information for 26QB- Justification Report, Brief Steps for 26QB- Justification Report and Pictorial guide for 26QB- Justification Report.

1. Important Information for “26QB- Justification Report”.

• Only Buyer registered on “TRACES” can submit request for Justification Report.
• Request for Downloading Justification Report can only be submitted when 26QB Statement Cum Challan will be processed with default.
• Justification Report is available on “TRACES” from F.Y. 2014-15 onwards.
• Justification Report consists detail information about the defaults with calculation identified by TRACES (CPC -TDS) while processing of the 26QB Statement Cum Challan filed by Buyer (Taxpayer) for the particular Acknowledgement Number, Assessment Year and PAN of Seller.
• It helps Buyer (Taxpayer) to identify the default at Statement Transaction level and to rectify them.
• The “Password” for opening “Justification Report” is “PAN of the Buyer” of the property in capital letter. e.g. CKIPS4855T.
• Justification Report will be downloaded as a Zip file.

2. Brief Steps for “26QB– Justification Report”.

• Step 1 : Login to TRACES website with “User ID”, “Password” and the “Verification code”. Landing Page will be displayed on the screen.
• Step 2 : Go to “Statements / Forms” tab and click on “Request for Justification Report Download” tab to initiate request for downloading taxguru.in “Justification Report” .
• Step 3 : Select Form Type- 26QB to submit request for Justification Report.
• Step 4 : Select “Assessment Year” from drop down list enter “Acknowledgement Number” and “PAN of the Seller”. Click on “Proceed” to give request for “Justification Report” .
• Step 5 : Mention Challan details as per 26QB statement filed for Acknowledgement Number, PAN of Buyer and PAN of Seller. On successful submission of the request, a unique “Request Number” will be generated.
• Step 6 : Click on “Requested Downloads” under “Downloads” tab to check requested status of Justification Report. Taxpayer can search for Justification Report status by using:

a) Request Number

b) Date

c) View All.

• Description of Requested Status:

a)  Submitted: Request for Justification Report has been submitted successfully.

b)  Available: Justification Report is available for Downloading.

c) Failed : User need to submit request again for Justification Report or advised to contact CPC(TDS).

• Step 7 : When requested status will be “Available” Click on “Available” status row then click on “HTTP Download” tab to Download Form 26QB – Justification Report. Enter the password to open Zip file of “Form 26QB – Justification Report”.

3. Pictorial guide for “26QB- Justification Report”.

TRACES Home Page

Step 1 : Login to TRACES website with “User ID”, “Password” and the “Verification code”.

Step 2 : Go to “Statements / Forms” tab.

Step 2 (Cond.. ) : Click on “Request for Justification Report Download” under “Statements/ Forms” tab to initiate request to download “Justification Report” .

Step 3 : Select “Form Type – 26QB” to submit the request for Justification Report.

Step 4 : Select “Assessment Year” from drop down list enter “Acknowledgement Number” and “PAN of the Seller”.

Step 5 : Mention Challan details as per 26QB statement filed for Acknowledgement Number, PAN of Buyer and PAN of Seller.

Step 5 (Contd..) : On successful submission of the request, a unique “Request Number” will be generated.

Step 6 : Click on “Requested Downloads” under “Downloads” tab to check requested status of “Justification Report”.

Step 6 (Contd.) : “Submitted” status will be “Available” with in 24 to 48hrs.

Step 7 : Click on “Available” status row then click on “HTTP Download” tab to download “Justification Report”.

Step 7 (Contd.) : Enter the password to open Zip file of “Form 26QB – Justification Report”.

Note: The “Password” for opening “Justification Report” is “PAN of the Buyer” of the property in capital letter. e.g. CKIPS4855T.

Justification Report Sample

Source- https://contents.tdscpc.gov.in