Following are the common reasons for rejecting a correction statement: TAN is not valid as per data at TDSCPC Statement corresponding to regular token number / previous token number field,… Read more »
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 »
TDSCPC has issued new instruction under which it has been directed to the the Tax deductors that if there are Short payment in a statement filed by deductor then deductor… Read more »
TRACES has several easy-to-use, online e-Tutorials and FAQs that can be effectively used to get ready answers to your questions. Following are some of the most common reasons deductors enquire… Read more »
TRACES introduced NIL TDS Statement/Declaration of TDS from the FY 2014-15. This is applicable for Deductors who did not deduct any tax during the relevant quarter. What is the benefit… Read more »
What should One do on receipt of demand notice u/s 234E Late Filing? The default amount will have to be deposited through challan no. 281. Download conso file from TRACES… Read more »