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TDS Reconciliation Analysis and Correction Enabling System, or TRACES in short, is an online portal offered by the Income Tax Department of India that can be reached at www.tdscpc.gov.in. The portal provides a platform for the TDS payers and other stakeholders to see and resolve issues related to TDS payments online.
The TDS TRACES portal helps the Income Tax dept. to connect every stakeholder involved in the management and execution of TDS or Tax Deducted at Source and TCS or Tax Collected at Source. The portal helps taxpayers file income tax returns and seek income tax refunds with ease. Overall, the TDS Traces portal can be used to download and view key documents like Form 16, Form 16A, and Form 26AS required during filing for income tax.
The TDS TRACES portal helps taxpayers and Tax deductors to function varied tax-related tasks in one platform. In addition, the portal is working with several other objectives, such as:
Below are some links that can be accessed by logging into the TDS TRACES website:
There are three categories of services offered under the TRACES portal. They are:
TRACES is a portal where taxpayers, PAOs, and deductors can register for various online services. Here are the key steps to register on the TRACES India website:
Below are the steps to register for TRACES as a deductor:
A deductor deducts taxes at the source using various TDS mechanisms, which are then deposited with the IT department within a specific time. After deducting the tax, a TDS deductor must submit the deduction details in a statement.
Below categories of people are required to file an online TDS statement compulsorily:
Below are the steps to log in to the TRACES portal if you are already registered:
The TRACES compliance report is used to find defaults in TANs. The below steps can be taken by the taxpayer to generate this report:
‘Request for resolution’ is a feature used by taxpayers to resolve their complaints. Below are the steps to access this service:
Below are the results of TDS TRACES ticket status options:
1. Ticket is ‘Open’ status – Here, the assessing officer has the ticket, and the person will act on the ticket during the specified time
2. Ticket ‘in Progress’ status – In this stage, the assessing officer offers a clarification on the ticket
3. ‘Clarification requested’ status – At this stage, the tax authorities ask for an explanation of the request and will close the ticket in case no clarification is offered within a month (30 days)
4. ‘Closure request’ status – This is the final stage that indicates the closure of the ticket by the deductor after offering a clarification to the assessee. In case no action is provided for a month on the request, the ticket will be closed automatically
TRACES in income tax stands for TDS Reconciliation, Analysis, and Correction Enabling System.
For taxpayers who withdraw or receive tax on behalf of their clients, TRACES registration is necessary.
1800-103-0344 is the TRACES toll-free number
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