Online Verification of TDS Certificate:
- Online Verification of TDS Certificate has been enabled on TRACES
- Users can verify the TDS Certificate on click of 'Verify TDS Certificate' link on
- 'View TDS / TCS Credit' page
- 'View Form 26AS' page
Digital Signature:
- Registration of Digital Signature has been enabled on TRACES for deductors. Deductors can register their Digital Signature in PROFILE after registration
PAO:
- PAO registration has been enabled on TRACES
- PAO can view their Dashboard, Profile and Statement Status after registration
Justification Report:
- Justification Report has been enabled now for FY 2012-13 and Form Type 24Q
- Deductors facing issues with justification report conversion are requested to download the latest justification report utility and submit the request again
- Deductors can submit request for downloading Justification Request from FY 2007-08 onwards
- Justification Report Utility 2.0 has been released.
- Deductors facing issues with justification report conversion are requested to download the latest justification report utility and submit the request again
197 Certificate:
- Validate 197 Certificate has been enabled on TRACES.
- Please navigate to Statements/Payments -> Validate 197 Certificate
Form 16B:
- Buyer of immovable property can download Form 16B after registering on TRACES as Tax Payer
Form 16 / 16A:
- TDS certificate in Part A of Form 16 shall be generated only for those PANs that have been reported in Annexure II of 24Q statement for 4th Quarter. The deductors are, therefore, advised to ensure that they provide salary details of their employees employed for whole or part of the year in Annexure II of Quarterly TDS Statement for 4th Quarter
Form 26AS:
- The tax deducted and paid under section 194IA of I T Act can be viewed online by the seller of the immovable property in their Form 26AS (Tax credit statement) from 22nd July, 2013 onwards
Default Processing:
- Intimations u/s 200A of the Income Tax Act, 1961 for the statements filed during the Financial Year 2012-13 are being sent from TDS CPC
- Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived
- Deductors are advised that the demand raised in the intimation u/s 200A can be closed by making payment and filing the corresponding correction statement
Conso File
- New file format for Conso File is available in 'Conso File Formats' under 'Quick Links'
Utilities:
- While generating Form16 / 16A, if you are getting a message as "0 PDF files generated successfully", please download the updated version of the PDF converter utility 1.3L
Miscellaneous:
- As per CBDT Circular No.07 of 2014, For Government deductors who are mapped to a valid AIN and has done payment of TDS/TCS through book transfer voucher (Book Identification Number-BIN), the due date for filing of TDS/TCS statement for 2nd, 3rd& 4th Quarters of financial year 2012-13 and for 1st, 2nd& 3rd Quarters of financial year 2013-14 has been extended upto 31st March 2014 as per CBDT Circular No.07 of 2014. (For detailed information see Circular & notification section under quick links)
- For any type of correction in challan, contact your respective Jurisdictional Assessing Officer
Transaction based report:
- Transaction based report download has been enabled on TRACES
- Deductors can place a request by selecting Transaction based report from downloads menu
