Tag: Traces

FAQ on Online Correction

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What is Online Correction? TRACES has provided the functionality of “Online Correction” where deductor can perform correction of TDS return /TCS return online. Following are the various facilities available through online… Read more »

Tips to avoid defaults in TDS Returns

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One can avoid defaults in the TDS returns, by way of adherence to the following basic principles:    Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »

Rejoinder Email dated 19th July 2016 -no change in TCS Return Filing Dates

Subsequent to the email of 28th June 2016, wherein NSDL specifically mentioned about the change in the last dates of TDS / TCS Returns, a rejoinder email dated 19th July… Read more »

Points to remember before filing the quarterly TDS statement

Given below are the points one should remember before quarterly etds filing: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to… Read more »