CPC(TDS) has introduced a new feature on TRACES for generating Transaction Based Report (TBR) in respect of deductees reported in 27Q TDS Statements. The report…
View More Transaction Based Report for NRI deductees at TRACESTag: TAN
Verify all PANs before generating TDS Returns
TDSMAN has introduced a unique feature of verifying all PANs in a TDS Return In one click identify all invalid PANs used in a Return…
View More Verify all PANs before generating TDS ReturnsSteps for filing Rectification request on receipt of demand notice due to mismatch of Income Tax
The CBDT has noted that many taxpayers are committing mistakes while furnishing their tax credit claims in the return of income. Such mistakes include: quoting…
View More Steps for filing Rectification request on receipt of demand notice due to mismatch of Income TaxLate filing of TDS return – Penalties, Prosecution & Interest Calculation
The various provisions of TDS are statutorily required to be strictly complied with. Any default in compliance can attract, levy of interest, penalty and in…
View More Late filing of TDS return – Penalties, Prosecution & Interest CalculationPoints to remember while filing TDS statements for 4th Quarter of FY: 2013-14
One should take care of the following information before submitting TDS return for 4th Quarter of Financial Year 2013-14 Payment of Taxes deducted/ collected: In accordance…
View More Points to remember while filing TDS statements for 4th Quarter of FY: 2013-14Nil TDS Statement / Declaration – Overview
TRACES introduced NIL TDS Statement/Declaration of TDS from the FY 2014-15. This is applicable for Deductors who did not deduct any tax during the relevant…
View More Nil TDS Statement / Declaration – OverviewImportant password formats for tax deductors and tax payers
The below table contains the password formats of various informations available in TRACES website which are important for both tax deductors and tax payers. Functionality…
View More Important password formats for tax deductors and tax payersPAN verification facility on TRACES website
CPC (TDS) has introduced the convenience of online facility of PAN verification on TRACES. With this feature, you will be able to validate the PANs…
View More PAN verification facility on TRACES websiteImportant points to consider while submitting Corrections
Following are some useful information to adhere before submitting Corrections, with special reference to C3 & C9 What are C3 & C9 Corrections? C3 Correction…
View More Important points to consider while submitting CorrectionsKnow status of your PAN/ TAN at TIN call centre (TCC)
Interactive Voice Response (IVR) for knowing the status of the PAN/ TAN application is now available at TIN call centre (TCC) in Hindi/English language. You…
View More Know status of your PAN/ TAN at TIN call centre (TCC)