TDS very TEDIOUS at TRACES

421 views 1 replies

Hello,

        Do you find Traces website user friendly? Is there any necessity of so many Validations for filing / correction / resolution request ? I Find it very difficult with the correction process / Request resolutions and all the validation processs. I don't understand the logic behind such controls and validations.

Replies (1)

It was fantastic in case of TDS details u/s 194IA. The authority can adopt such procedures in other area too. I agree with Mr.Suresh. Mere filling of party PAN and date of payment of amount in the challan is enough for the department to trace the details from NSDL database. If they do so, the quartely return can be avoid. The interest on delay in remitting TDS can also be managed through this data base. Even today many people simply giving wrong information on the data of payment of expense to avoid interet on delay of TDS remittance. There is no special vehicle to find the gap. If they proceed with the challan incorporated details remittance, many people can come with hassle free TDS process. In the absence of PAN, aadhaar or election ID number can be used upto the updation of PAN. See that now income tax department is asking aadhaar number along with other details too. hope for the best....

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details