TRACES - TDS Reconciliation Analysis and Correction Enabling System
Harit Aaykar
Government of India, Emblem

What will be the change in Processing of TDS Statement ?

The Change will be as mentioned below:

  • CPC (TDS) will first process Original TDS Statements till the stage of 26AS generation for deductees reported.
  • Short Payments and PAN Errors will be identified in the preliminary check of the Original statements.
  • The statements will be placed "On Hold" for further processing and an opportunity will be provided to correct potential defaults of Short Payment and PAN Error
  • When the statement is placed on Hold, CPC (TDS) will intimate you through following means:
    • E-mail at the registered e-mail address at TRACES (Intermediate communication).
    • SMS at Registered Mobile Number with TRACES.
    • E-mail at the registered e-mail address at TRACES (Intermediate communication).