Resources for HB-TDS

1.What is TRACES?

TDS Reconciliation Analysis and Correction Enabling System helps the deductors and the deductees by efficient and effective administration of the taxation system. It aims at improving the end-user satisfaction by providing timely and appropriate web services.

2. How should a deductor register and login on TRACES?

http://contents.tdscpc.gov.in/en/deductor-registration-login-etutorial.html

3. How to go about in case of Online Correction?

A .Online Correction Resolution for Overbooked Challan

http://contents.tdscpc.gov.in/en/OC-Resolution-for-OverbookedChallan.html

B. Add Challan to Statement

http://contents.tdscpc.gov.in/en/add-challan-statement-etutorial.html

C. Add or Delete Salary Detail

http://contents.tdscpc.gov.in/en/oc-add-delete-deductee-row-etutorial.html

D. Online Correction Challan Correction

http://contents.tdscpc.gov.in/en/oc-challan-correction-etutorial.html

E. Online Correction Pan Correction

http://contents.tdscpc.gov.in/en/oc-pan-correction-etutorial.html

F. Online Correction Personal information

http://contents.tdscpc.gov.in/en/oc-personal-information-etutorial.html

G. Online Correction Pay LP LD Late Filing

http://contents.tdscpc.gov.in/en/oc-pay-lp-ld-interest-latefiling-etutorial.html

H. Tag Replace Challan

http://contents.tdscpc.gov.in/en/tag-replace-challan-etutorial.html

I. Add Modify Deductee Detail

http://contents.tdscpc.gov.in/en/oc-add-modify-deductee-detail.html

J. Movement of deductee row

http://contents.tdscpc.gov.in/en/oc-movement-deductee-etutorial.html

K. Edit Deductee Row in Case of Unmatched challan

http://contents.tdscpc.gov.in/en/e-tutorial-deductor.html

4. Information about all types of Forms

http://contents.tdscpc.gov.in/en/forms.html

5. TDS rates for FY 2019-20

https://contents.tdscpc.gov.in/en/tds-2019-2020.html

6. TCS Rates from FY 2016-17 to 2019-20

http://contents.tdscpc.gov.in/en/tcs-rates.html

7. Income Tax Slab Rates for FY 2019-20

https://contents.tdscpc.gov.in/en/incometax-2019-2020.html

8. The format for Conso File

http://contents.tdscpc.gov.in/en/conso-file-formats.html

9. Due dates for filing TDS/TCS for all forms

10. Penalty for delay or non-filing of TDS

Delay in filing TDS:

As per section 234E w.e.f. July 1, 2012, if a person fails to submit TDS return on the due date, then a penalty of Rs. 200/- per day is charged till the default continues. However, the amount should not exceed the total tax amount.

Non-filing of TDS/Furnishing incorrect info:

The penalty is also levied in case of non-filing or if some incorrect information has been furnished. The minimum amount of the penalty is Rs. 10,000/- and which may extend to Rs. 1,00,000/- u/s 271H of the Income Tax Act, 1961.

11. Forgot your password?

• Password for Form 16/16A, transaction-based report and Form 27D zip files is TAN of deductor
• Password for conso file is ‘TAN_<Request Number>’ (eg. ABCD12345E_67890). The request number should be of one of the requests submitted.
• Password to unzip Justification Report is ‘JR_<TAN>_<Form Type>_<Quarter>_<FY>’, eg. JR_AAAAA1235A_24Q_Q3_2010-11.

12. Vital information for Deductors:

• TRACES WebSocket ESigner UtilityV2.0 is required for digital signatures through Chrome and Firefox browser.

http://contents.tdscpc.gov.in/en/chromeWebSocket-etutorial.html

13. How to convert Justification Report into excel file?

• Download the zip file from ‘Requested Downloads’ screen and save it in your system.
• Unzip the file using Winzip. Password to unzip is ‘JR_<TAN>_<Form Type>_<Quarter>_<FY>’, eg. JR_AAAAA1235A_24Q_Q3_2010-11. This will save the justification report as an excel file.
• Download the macro utility for Justification Report from the screen.
• Double-click on utility, excel sheet will open.
• Click on enable content in the warning message to enable macros.
• Select the Justification Report text file and the folder to save the output excel file and click on the button ‘Generate TDS CPC Justification Report’.
• The text file will be converted into excel spreadsheet and saved in the selected folder.
• Open the Justification Report excel file from the concerned folder.

14. TRACES utility links:

• PDF Converter

http://contents.tdscpc.gov.in/en/traces-pdf-generation-utility-etutorial.html

• Transaction based report PDF converter

http://contents.tdscpc.gov.in/en/transaction-based-report.html

• 27D PDF converter

http://contents.tdscpc.gov.in/en/dwd-27D-etutorial.html

• Justification Report Generation utility

http://contents.tdscpc.gov.in/en/download-justification-report-etutorial.html

• Offline Correction

https://contents.tdscpc.gov.in/en/etutorial/etutorialOffline/TDSCBT_13.02.2015.htm

15. How to convert offline correction file into excel file?

• Download the file from ‘Requested Downloads’ screen and save it in your system.
• Download the macro utility for Offline correction from the screen.
• Double-click on utility, excel sheet will open.
• Click on enable content in the warning message to enable macros.
• Select the Offline correction text file and the folder to save the output excel file and click on the button ‘Generate’.
• Browse the location where unzip installed location in case winzip is not located in default location.
• The text file will be converted into excel spreadsheet and saved in the selected folder.
• Open the Offline correction excel file from the concerned folder.

16. Asper Fourth Character,identify the right status by collecting the PAN (Permanent Account Number) for Assessee