TRACES means TDS Reconciliation Analysis and Correction Enabling System. It is the online portal for administration and implementation of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source). If a business with a single PAN has multiple TANs, it can review the ‘Aggregated TDS Compliance Report’ on TRACES regularly to improve the TDS compliance in the organization. Eg: PAN of a Central Office with multiple TANs of its branch offices can use this service from its TRACES Account. Hence, under this service, the taxpayer can view the data from FY 2007-08 onwards. Moreover, using the Aggregated Report, the business can review the performance and identify defaults for all the TANs associated with the PAN. Furthermore, for the TAN with Defaults, the taxpayer should make the required corrections, pay the outstanding demand, and file the Correction Return.
Steps to download Aggregated TDS Compliance Report
- Log in to TRACES
- Aggregated TDS Compliance
Therefore, click on the tab ‘Aggregated TDS Compliance‘. Two search options will appear on the screen.
- Option 1: Search using ‘Financial Year’
Hence, select the Financial Year from the drop-down for which you want to download the Aggregated TDS Compliance Report. Click on ‘Submit Request‘
- Option 2: Search using ‘Default Type’
Hence, select the Type of Default from the drop-down for which you want to download the Aggregated Report. Click on ‘Submit Request‘.
- Success message
Therefore, a success page will appear on the screen. A Request Number is generated. You can download the file from tab ‘Downloads’
- Navigate to requested downloads
Furthermore, enter the Request Number or Request Date or View All. Click on ‘View Request’. A list of requests pertaining to the search criteria will appear. Select the relevant row and if the status is ‘Available‘, click on the download button. The status will be ‘Not Available’ if there are no defaults or the statements are not yet processed.
Note: If the status is ‘Submitted’, please wait for 24 to 48 hours for the status to change to ‘Available’
- Download the file
Finally, click on the HTTP Download button to download the file. Therefore, an excel file is downloaded. Below is the sample file of Aggregated TDS Compliance Report
Aggregated TDS Compliance Report As per Financial Year and as per Default Type (2nd image)
FAQs
1. Submitted – The taxpayer has submitted a request
2. Available – The system has processed the request. The taxpayer can download the report in an excel format
3. Not Available – The request is processed but the file is not available for download as the data for selected inputs criteria is not available
4. Failed – The request has not been processed due to a technical issue. The system will retry processing in sometime
The PAN of the business should be updated in the TAN database for all the multiple TANs associated with the business PAN. Therefore, if the taxpayer having multiple TANs is still not able to view the ‘Aggregated TDS Compliance Report’, file Form 49B to update the TAN database with the business PAN.
The PAN of the business should be updated in the TAN database for all the multiple TANs associated with the business PAN. If the taxpayer having multiple TANs is still not able to view the ‘Aggregated TDS Compliance Report’, file Form 49B to update the TAN database with the business PAN.
Hey @HarishMehta
Taxpayers or deductee cannot directly download form 16/form16A, the option to download Form 16/ 16A has been given to the Deductor. So, if you need Form 16 / 16A for TDS deducted by your current or previous employer or deductor you will have to contact them for the same. There is no option available on TRACES whereby you can download it yourself.
Hope this helps!
Hey @Dia_malhotra
Yes, individuals can still register as a taxpayer on TRACES even if they do not have TAN of the deductor by providing:
• Assessment Year
• Challan Serial Number and
• Amount of tax you have paid
Hope this helps!
In my Justification Report it shows an interest payable error whereas I’ve already paid the interest for that particular month According to the regulations what could be the reason for this?
Hi @saad,
According to regulations, interest payment default/errors may arise due to error in challan details , short deduction, short payment, late deposit of TDS amount. Here, you can file correction statement and revise the return.
Hope this helps!
@AkashJhaveri @Saad_C @Kaushal_Soni @Divya_Singhvi @Laxmi_Navlani can you help with this?
Hey @raopreetham, the first thing I would recommend you to do is to run the Emsigner as an administrator. Also, if it still does not seem to work, install the below mentioned JAVA fixer software and run it as an administrator and hopefully this would resolve your issue.
https://johann.loefflmann.net/downloads/jarfix.exe
The USB e-pass 2003 token device is particular type of a DSC.
hello, i want to cancel the TDS on sale of property (26QB) which i created in hurry. i have made login and tried the TRACES refund option. But the total amount of TDS is “Consumed” and Max refund amount is zero.
What is my option now? TDS was paid on 16th Oct ( 6 days back). Hoping for a solution on this.
Hi @nisshant
26QB is the challan cum return statement. As soon as you file the form, TDS amount paid by you gets utilized. There are few corrections that are allowed in form 26QB. You can refer to the article below. You cannot get the refund of the taxes paid through an online method. You can contact concerned Assessing Officer (AO) of the Income Tax Department (ITD).
You can also contact Aaykar Sampark Kendra (ASK) on Toll Free No. 1800-180-1961 to ask for help.
Hope this helps!
Hi,
I had raised a form26-QB correction request, but since the correction request also had some errors, I requested the AO officer to cancel the correction request.
Now as the old request has been closed, I would like to file a new correction request. Can I register DSC and file this new request for auto approval?