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Implications of reporting Incomplete/Incorrect address in TDS Statements

Last updated: 13 September 2016

 Notice Date : 23 August 2016

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.

 

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Notification No : 23/08/2016
Published in Income Tax




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