TDS Certificate From TRACES

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It is now mandatory for all deductors to issue TDS certificates generated and downloaded exclusively from the TRACES portal. This requirement stems from a CBDT notification in July 2018, which invalidates certificates issued in any other format. Form 16A became mandatory for companies from April 2011, and for all entities from April 2012, with Form 16 (Part B) becoming mandatory for everyone from April 2018.

manoj sonalkar

manoj sonalkar (Querist)
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10 January 2023 Sir/ Madam

Since which financial year it is compulsory to issue TDS certificates from TRACES.
Pl provide Reference of Notification / Rule ....

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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10 January 2023 According to a notification by CBDT in July 2018, “It is now mandatory for all deductors to issue TDS certificates after generating and downloading the same from “TDS Reconciliation Analysis and Correction Enabling System” or TRACES Portal.”

Further, it stated that, “…it may kindly be noted that the TDS Certificates downloaded only from TRACES Portal will be valid. Certificates issued in any other form or manner will not comply to the requirements referred in the Income-tax Act 1961 read with relevant Rules and Circulars issued in this behalf from time to time.”

Refer:: Circulars bearing numbers 4/ 2013 dated 17 April 2013, 1/ 2012 dated 09 April 2012 and 3/ 2011 dated 13 May 2011.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 January 2023 01/2012 dated 9-4-2012 on the Issuance of certificate for Tax Deducted at Source in Form 16A/16 as per IT Rules 1962. So it is mandatory for all diductor's to issue TDS certificates after generating and downloading the same from “TDS Reconciliation Analysis and Correction Enabling System” or TRACES Portal.

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Manish

Manish (Expert)
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10 January 2023 From Apr 2011: Form 16A became mandatory for companies.
From Apr 2012: Form 16 (part A)/16A became mandatory for all.
From Apr 2018: Form 16 (part B) became mandatory for all.

Circular no. 03/2011 dated 13-05-2011
Circular no. 01/2012 dated 09-04-2012
Circular no. 04/2013 dated 17-04-2013
Notification 09/2019 dated 06-05-2019

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