Transaction Based Report for NRI deductees at TRACES

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 provides with a summary of transactions in respect of NRI Deductees who have not reported their PANs (PAN Not Available)

Details about Transaction Based Report:

• The feature is available only in respect of NRI deductees, who have been reported in Form 27Q of TDS Statements
• The deductee with whom the transaction has been entered into, has reported PAN Not being Available
• The report is available for FY 2013-14 onwards
• The summary of transactions includes the following key information, besides others:
  • Nature of Remittance,
  • Amount Credited / Paid,
  • Country of Remittance,
  • Amount of Tax deducted
  • Reason for higher Rate of deduction of Tax (PAN Not Available) 

Process for downloading of Transaction Based Report:

To download the report, you are requested to navigate to Transaction Based Report under Downloads menu.

After completing details for FY and Quarter, KYC needs to be completed for submitting request for   downloads.

 The report will be made available under Requested Downloads menu.

Please note:

• The report will be made available in Zipped file format, which needs to be extracted using the PDF Generation utility for TBR.
• TBR zipped file is password protected, which is the TAN of the deductor.
• The reports can also be digitally signed while downloading or you may choose to continue without Digital Signature.