Tds forrm 16-a
This query is : Resolved
29 June 2013
I have received 4 quarterly TDS certificate Form 16A from the bank on interest that I received from them. The Q1 and Q2 were taken from NSDL with a 6 alpha character certificate number and when checking at NSDL they matched. However, the Q3 and Q4 are given from TRACES and we cannot verify as the utility at NSDL accepts only 6 characters and the traces certificate has 7 characters certificate number.
As the system seems to be changed to Traces, do we have to ask deductor to re issue the Q1 and Q2 certificates from TRACES as they were issued from TIN at that time? Will the system accept the 6 digit certificate number if bank does not reissue from TRACES.
As the system seems to be changed to Traces, do we have to ask deductor to re issue the Q1 and Q2 certificates from TRACES as they were issued from TIN at that time? Will the system accept the 6 digit certificate number if bank does not reissue from TRACES.
29 June 2013
In ITR you can provide the total TDS amount and Total of Income Credited, so I think, TDS certificate No will not create any problem.
.
.
Message likes :
1 times
30 June 2013
It is not a mandatory field for filling tds sheet of ITR..
So you don't need to worry on tds certificate number..
And you may try 7 digit certificate no. also i dont think ITR will object..if objects to do so..just leave that coloumn in blank as it is not a mandatory field to be filled..
Please note which are in red ink are mandatory to fill ITR
Thanks & regards
Ganesh babu k
So you don't need to worry on tds certificate number..
And you may try 7 digit certificate no. also i dont think ITR will object..if objects to do so..just leave that coloumn in blank as it is not a mandatory field to be filled..
Please note which are in red ink are mandatory to fill ITR
Thanks & regards
Ganesh babu k
Message likes :
1 times
01 July 2013
What I want to be sure about is whether the certificate issued upto October 2012 via NSDL is valid or not. After that they started traces and in february 19 2012 they notified a traces format for Form 16 and Form 16A. Therefore I was wondering if I have to get the NSDL formats replaced with TRACES.
01 July 2013
Yes..they are valid..no need to take TDS certificate again
just verify in 26AS also whether you have got credit for total amount deducted..and then file return
just verify in 26AS also whether you have got credit for total amount deducted..and then file return
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst on travel by air for business purposes
- CLOSING STOCK QUERY
- Gst reverse charge mechanism to be claimed in the month of payment
- Loss of interest in PF transfer from EPFO to Trust
- Itr processing refund
- Taxation on Old jewellery sold
- TDS refund Indemnity Bond
- PF wage ceiling
- GST ISD Query on various AMCs
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
