Income Tax : Facing tax-related issues? Learn how to resolve grievances effectively as a Deductor on the TRACES website. Step-by-step guide for...
Income Tax : Learn how to file and track tax-related grievances on TRACES website. Find out categories available, steps to raise a request, and...
Income Tax : Learn how to resolve grievances as a deductor on TRACES website. Follow these steps for resolution, tracking, and online correctio...
Income Tax : Online correction on TRACES is not enabled for the requested statement. Kindly file correction through NSDL and the subsequent cor...
Income Tax : Sometimes you may be facing Error occurred while DSC registration. Please try after One day. while registering DSC on the TRACES. ...
Income Tax : TDS CPC has been one of the successful projects of the Government for online tracking of the Tax deducted, deposited, corrections...
Income Tax : Advisory for Deductors 1. Deductors deduct tax at lower rate on payment/credit to deductee on production of certificate duly issue...
Income Tax : Attention Deductors: The Online Correction functionality with enhanced features has been enabled “without Digital Signature&...
Income Tax : Attention Deductors: The Online Corrections facility is currently live only with Digital Signatures and the facility without the s...
Income Tax : CPC (TDS) is committed to contribute effectively in the nation building process through efficient tax administration and improved ...
Income Tax : It is not disputed that tax was deducted at source by the tenant Union Motors Services Limited and they have issued some Certifica...
Income Tax : Procedure, format and standards for filling an application in Form No. 15C or Form No. 15D for grant of certificate for no-deducti...
Income Tax : CBDT notidfies Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction an...
Downloading of TDS Certificates from TRACES is mandatory: In this regard, your attention is invited to the CBDT circulars 04/2013 dated 17.04.2013, CBDT Circular No. 03/2011 dated 13-5-2011 and CBDT Circular No. 01/2012 dated 9-4-2012 on the Issuance of certificate for Tax Deducted at Source in Form 16 and Form 16A. It is now mandatory […]
CPC (TDS) has introduced the convenience of online facility of filing corrections to the TDS Statements. With this feature, you will be able to breeze through submitting revisions with ease and confidence when you complete your transactions on TRACES portal. To avail the facility, you have to to Login to TRACES and navigate to “Defaults” […]
As per the records of Centralized Processing Cell (TDS), the Original TDS Statement(s) for Quarter 2 of FY 2013-14 (July – September, 2013) has not been submitted within the prescribed due date by many of the deductors. Please note that late filing of TDS Statements not only delays TDS Credits to the deductees, but Also […]
It has been gathered that you have filed Income Tax return for Financial Year 2011-12 . However, as per our information, you have not been allotted with any TAN (Tax deduction and collection Account Number) for the relevant PAN (Permanent Account Number). The Circular, inter alia, provides guidelines on the following: You are advised to […]
For Tax payers: Non/ Late filing of TDS statements results into the TDS Credit not being available to the deductees (employees / vendors) for claiming the amount of tax already deducted from the payments made to them besides generating correct TDS Certificates for them.
As you are aware, it is mandatory for AOs to file Form No. 24G on monthly basis with in the prescribed time. Based on the particulars reported in Form No. 24G, Book Identification Number (BIN) is generated and intimated to the respective AOs by TIN Central System. AOs can download BIN from TIN Portal. AOs […]
Report correctly the PAN and TDS amount in the Statement, which helps the taxpayer in claiming correct TDS Credits besides generating correct TDS Certificates. Verify the contents of TDS Certificates as downloaded from TRACES before issuing the same to the taxpayers
CPC (TDS) is committed to contribute effectively in the nation building process through efficient tax administration and improved voluntary compliance. This is intended to be achieved by an enabling policy environment and augmenting the revenue mobilization apparatus under the law, while maintaining taxpayer confidence in the system. To achieve the objectives, we have setup processes […]
The new version 3.8 of the Return Preparation Utility (RPU) features following significant changes from the previous: Discontinuation of functionality to delete Deductee records: For the purpose of correct reporting, deletion of Deductee rows is no longer permissible in the TDS statements. Accordingly, the delete option available under “Updation mode for Deductee” has been removed from the RPU.
