Details required for registration with TRACES for TDS Deductor & Tax Payer

The following details are required for registration with TRACES: For Deductors Step-1: TAN of Deductor Step-2: 1. Token Number of the regular statement corresponding to the Financial Year, Quarter and Form Type displayed on screen. 2. Challan details of one particular CIN which has been mapped to at least three deductee rows. If there is…

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Complete Upload Procedure of e-TDS/TCS/AIR Online Return

NSDL e-Governance Infrastructure Limited launched an online upload of e-TDS return facility enabling entities to directly furnish (upload) their e-TDS returns (Form 24, 26 and 27 only) to the TIN central system through the Internet on July 10, 2004. Online upload of electronic statement facility can be used for upload of quarterly e-TDS/TCS statements (F.Y….

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Generation of excel sheet from the Justification report downloaded from TRACES

To generate the excel sheet from the Justification report downloaded from TRACES, follow the steps given below: 1. To generate the justification report excel sheet, download the TRACES-Justification-Report-Generation-Utility-V1.0 from the following link: Download TRACES-Justification-Report-Generation-Utility-V1.0 2. Now, provide the path of unzipped report downloaded from TRACES website and the path of the output folder where you want…

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Evaluate your TDS defaults using Justification report downloaded from TRACES

After the submission of your TDS return you have the option to evaluate your return by downloading the Justification report from the TRACES website. This report lists out the following errors that was present in the returns that was submitted: PAN Errors-List of all PANs that which is not present in the Income Tax Department…

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Update TDSMAN immediately for the new TRACES integration

In the evening of 12th July 2013, TRACES has restructured their website which resulted in changes in the links of the different functions (such as downloading of consolidated statement, TDS certificate, etc.) within their website. For these reasons, integration to TRACES through TDSMAN was affected owing to which users were facing difficulties. On emergency basis,…

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