Category: Traces

Significant change in processing of Quarterly TDS Statements

CPC (TDS) has issued a communication to deductors in which it has stated about a significant change in processing of Quarterly TDS Statements. The central point in the new process… Read more »

Impact & action to be taken in case of PANs either “Not Available” or “Invalid” in Quarterly TDS statements

Centralized Processing Cell (TDS) has observed from its records that though deductors have reported deductees with more than Rs. 50,000 of TDS in Quarterly TDS statements, but the PANs are… Read more »

Top Queries related to Online Correction

      No Comments on Top Queries related to Online Correction

Can BIN details be corrected through online correction? Yes, BIN details in the statement can be corrected through “Challan Correction” option under ‘Unmatched Challan’ header. Refer e-tutorial Online Correction –… Read more »

CPC (TDS) advisory for use of Digital Signatures on TRACES

CPC (TDS) has issued an advisory communication in which it has stated about the release of a new feature on TRACES where a Digital Signature Certificate (DSC) can be used… Read more »

TDSMAN updated with FVU ver. 4.5 & FVU ver. 2.141

      No Comments on TDSMAN updated with FVU ver. 4.5 & FVU ver. 2.141

TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.5 and FVU ver. 2.141). All licensed and trial users are advised to update the software… Read more »

Key features of FVU version 4.5

      2 Comments on Key features of FVU version 4.5

Incorporation of section 194LBA (Certain income from units of a business trust): Section 194LBA is applicable for Form no. 26Q and 27Q Section 194LBA is applicable for statements pertaining to… Read more »