Process of downloading Form 16A
The process of downloading Form 16A are as follows: 1. Login with your User Id and Password. 2. In the main menu, click Downloads > Form 16A. 3. You can… Read more »
Category: TDS certificates
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… Read more »
Mandatory for all Deductors to download TDS Certificate from TRACES website
As per Circular No. 01/2012 dated 09.04.2012, it mandatory for all deductors to issue TDS certificate in Form No. 16A after generating and downloading the same from TRACES website. TDSMAN… Read more »
Fees and Penalty for Late Filing of TDS Returns
Fees and Penalty for Late Filing of TDS Returns are as follows: Section 234E – Levy of Fees Failure to submit TDS return on time will result in fees on the… Read more »
Belated Issue or Non Issue of TDS Certificate
Failure to issue TDS certificate within the time allowed, attracts penalty of Rs. 100/- per day of default (Sec 272A(2)(g)). However, penalty will not exceed the amount of tax deductible… Read more »
Due dates for filing TDS returns
Every person responsible for making payment of nature covered by TDS provisions of Income Tax Act shall be responsible to deduct tax at source while making such payments. In… Read more »