CPC (TDS) has issued a communication to the deductors regarding updation of the address mentioned in the statement filed by them.
The issued communication has been given below:
Date of communication : 23/08/2016
Dear Deductor (TAN: XXXXXXXXXXXX),
Centralized Processing Cell (TDS) has observed that intimations sent to you have not been delivered / served as per the address mentioned in the statement filed by you. Please ensure that you provide correct and complete postal address while filing your statements.
Implications of reporting Incomplete/Incorrect address in TDS Statements:
- You will not be able to clear defaults on time in case of non-receipt of intimations which may lead to increase in defaults amount in form of Interest and Penalty
- It will impact Form 26AS of deductee as the deductee will not be able to get the credit of Tax in his/her ITR
Hence it is advised:
- To mention current, correct and complete postal address at the time of filing Quarterly Statement
- Update the Traces Profile as and when there is change in the address
CPC (TDS) is committed to provide best possible services to you.
CPC (TDS) TEAM