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

What are the precautions that deductor should take while filling up the challan?

  • Deductor should take care of the following steps while filing up a challan:
    • Head of payment e.g., Corporation Tax / Income Tax
    • Amount and mode of payment of tax
    • Type of payment (Advance Tax / Self-Assessment / Regular / Tax on Dividend)
    • Assessment Year
    • PAN of Deductor
    • TAN of Deductor