FAQs
Categories
Sub-Categories
- (Q.1)Who can view Default Summary of 26QD?
- Only registered 'Payer' on TRACES can view "Default Summary-26QD".
- Default Summary (for TDS on Payment to resident contactors or Professionals and Brokers) can only view from F.Y. 2019-20 onwards.
- Default summary of 26QD consist details of Defaults and Amountfor the particular Acknowledgement, Financial year and PAN of the payee.
- Defaults and Amount for following defaults must be displayed:
- Short Deduction
- Interest on Late Payment
- Additional Late Payment interest against the processing of latest correction
- Interest on Late Deduction
- Additional Late Deduction interest against the processing of latest correction
- Interest on Short Deduction
- Late Filing Levy
- Additional Late Filing Levy interest against the processing of latest correction
- Interest u/s 220(2)
- Net Payable - paid
- 'View Default Summary' option is available under 'Statements/Forms' tab on Traces website.
- Payer need to select Financial Year from dropdown, enter Acknowledgment Number & PAN of the Payee, (PANNOTAVBL also allowed if statement is filed with PANNOTAVBL).
